Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They presently have a GBX 1,500 ($18.56) target price on the stock, up from their prior target price of GBX 1,350 ($16.71). Peel Hunt’s target price suggests a potential upside of 14.24% from the stock’s current price.
AHT has been the topic of several other reports. BNP Paribas reissued a “neutral” rating and set a GBX 1,050 ($13.00) target price on shares of Ashtead Group plc in a report on Monday, August 8th. Royal Bank Of Canada began coverage on Ashtead Group plc in a report on Thursday. They set an “outperform” rating and a GBX 1,580 ($19.55) target price on the stock. Jefferies Group reissued a “buy” rating and set a GBX 1,385 ($17.14) target price on shares of Ashtead Group plc in a report on Thursday, September 1st. Beaufort Securities reissued a “buy” rating on shares of Ashtead Group plc in a report on Wednesday, June 15th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,140 ($14.11) target price on shares of Ashtead Group plc in a report on Wednesday, June 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 1,306.27 ($16.17).
Ashtead Group plc (LON:AHT) opened at 1307.00 on Thursday. The firm’s market capitalization is GBX 6.53 billion. The stock’s 50 day moving average price is GBX 1,263.38 and its 200 day moving average price is GBX 1,076.46. Ashtead Group plc has a 52-week low of GBX 749.00 and a 52-week high of GBX 1,378.93.
In other news, insider Cole,Christopher sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of GBX 1,186 ($14.68), for a total transaction of £296,500 ($366,955.45).
About Ashtead Group plc
Ashtead Group plc is a United Kingdom-based equipment rental company with networks in the United States and the United Kingdom. The Company operates through two business units: Sunbelt, which provides pump and power, climate control and scaffolding service, and A-Plant business, which operates through Eve Trakway Limited (Eve), which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services, and FLG (lifting) services.
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