Brokerages Set Ashtead Group plc (AHT) Price Target at $1,314.27
Ashtead Group plc (LON:AHT) has received an average rating of “Buy” from the sixteen analysts that are currently covering the firm. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 1,314.27 ($16.42).
A number of research analysts have recently commented on the company. BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,100 ($13.74) target price on shares of Ashtead Group plc in a research note on Monday, October 17th. Jefferies Group reaffirmed a “buy” rating on shares of Ashtead Group plc in a research note on Tuesday, August 2nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,350 ($16.87) target price on shares of Ashtead Group plc in a research note on Wednesday, September 7th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,279 ($15.98) target price on shares of Ashtead Group plc in a research note on Thursday, September 8th. Finally, Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 710 ($8.87) target price on shares of Ashtead Group plc in a research note on Thursday, September 8th.
Shares of Ashtead Group plc (LON:AHT) opened at 1407.0000 on Friday. Ashtead Group plc has a 12-month low of GBX 749.00 and a 12-month high of GBX 1,456.00. The firm has a 50 day moving average price of GBX 1,318.94 and a 200 day moving average price of GBX 1,156.85. The stock’s market cap is GBX 7.03 billion.
About Ashtead Group plc
Ashtead Group plc is an equipment rental company. The Company rents a range of construction and industrial equipment across a range of applications to a diverse customer base. The Company’s segments include Sunbelt and A-Plant. The Company operates in the United States, the United Kingdom and Canada.
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