Ashtead Group plc’s (AHT) “Neutral” Rating Reaffirmed at BNP Paribas
BNP Paribas reaffirmed their neutral rating on shares of Ashtead Group plc (LON:AHT) in a research report report published on Monday morning. BNP Paribas currently has a GBX 1,100 ($13.61) price objective on the stock.
Other analysts have also recently issued reports about the company. Numis Securities Ltd restated a buy rating and issued a GBX 1,150 ($14.23) price objective on shares of Ashtead Group plc in a research report on Wednesday, June 15th. Beaufort Securities restated a buy rating on shares of Ashtead Group plc in a research report on Wednesday, June 15th. Peel Hunt restated a buy rating and issued a GBX 1,250 ($15.47) price objective on shares of Ashtead Group plc in a research report on Wednesday, July 13th. Berenberg Bank boosted their price objective on Ashtead Group plc from GBX 1,150 ($14.23) to GBX 1,200 ($14.85) and gave the company a buy rating in a research report on Monday, July 4th. Finally, Jefferies Group reiterated a buy rating on shares of Ashtead Group plc in a research report on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of GBX 1,232.79 ($15.26).
Shares of Ashtead Group plc (LON:AHT) opened at 1336.00 on Monday. The stock’s 50 day moving average price is GBX 1,253.31 and its 200 day moving average price is GBX 1,067.51. Ashtead Group plc has a 52-week low of GBX 749.00 and a 52-week high of GBX 1,378.93. The company’s market capitalization is GBX 6.67 billion.
In related news, insider Cole,Christopher sold 25,000 shares of the 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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