Ashtead Group plc (AHT) Stock Rating Reaffirmed by Numis Securities Ltd
Ashtead Group plc (LON:AHT)‘s stock had its “add” rating reissued by stock analysts at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 1,500 ($18.28) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 15.03% from the stock’s previous close.
Several other analysts have also commented on AHT. BNP Paribas reissued a “neutral” rating and set a GBX 1,050 ($12.80) price target on shares of Ashtead Group plc in a research report on Monday, July 4th. Peel Hunt reissued a “buy” rating and set a GBX 1,250 ($15.23) price target on shares of Ashtead Group plc in a research report on Wednesday, July 13th. Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 770 ($9.38) price objective on shares of Ashtead Group plc in a research report on Monday, July 4th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 1,279 ($15.59) price objective on shares of Ashtead Group plc in a research report on Thursday, September 8th. Finally, HSBC increased their price objective on shares of Ashtead Group plc from GBX 970 ($11.82) to GBX 1,225 ($14.93) and gave the company a “hold” rating in a research report on Monday, August 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,306.27 ($15.92).
Ashtead Group plc (LON:AHT) opened at 1304.00 on Friday. Ashtead Group plc has a one year low of GBX 749.00 and a one year high of GBX 1,378.93. The stock’s market cap is GBX 6.52 billion. The firm’s 50-day moving average is GBX 1,264.92 and its 200 day moving average is GBX 1,082.83.
In other news, insider Cole,Christopher sold 25,000 shares of the stock in a transaction that occurred on Tuesday, July 26th. The stock was sold at an average price of GBX 1,186 ($14.45), for a total transaction of £296,500 ($361,365.02).
Ashtead Group plc Company Profile
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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