Ashtead Group (OTCMKTS:ASHTF)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a note issued to investors on Thursday.

Several other equities analysts also recently weighed in on the company. Royal Bank Of Canada initiated coverage on Ashtead Group in a research report on Thursday. They set an “outperform” rating for the company. Credit Suisse Group AG raised Ashtead Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, September 27th. Jefferies Group reissued a “buy” rating and set a $1,385.00 price target on shares of Ashtead Group in a research report on Thursday, August 25th. BNP Paribas downgraded Ashtead Group from an “outperform” rating to a “neutral” rating in a research report on Monday, June 27th. Finally, Beaufort Securities reissued a “buy” rating on shares of Ashtead Group in a research report on Wednesday, June 15th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $1,107.50.

Analyst Recommendations for Ashtead Group (OTCMKTS:ASHTF)

Shares of Ashtead Group (OTCMKTS:ASHTF) opened at 16.295 on Thursday. The firm’s 50-day moving average price is $16.25 and its 200 day moving average price is $14.56. Ashtead Group has a one year low of $11.00 and a one year high of $17.07. The stock has a market cap of $8.14 billion and a P/E ratio of 15.243.

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