Ashtead Group plc (AHT) Stock Rating Reaffirmed by BNP Paribas
Ashtead Group plc (LON:AHT)‘s stock had its “neutral” rating reissued by BNP Paribas in a research report issued to clients and investors on Monday. They currently have a GBX 1,200 ($14.99) price target on the stock. BNP Paribas’ price objective suggests a potential downside of 17.01% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on AHT. Jefferies Group reiterated a “buy” rating on shares of Ashtead Group plc in a research report on Tuesday, August 2nd. Deutsche Bank AG increased their target price on shares of Ashtead Group plc from GBX 700 ($8.75) to GBX 710 ($8.87) and gave the stock a “sell” rating in a research report on Friday, August 19th. HSBC increased their target price on shares of Ashtead Group plc from GBX 970 ($12.12) to GBX 1,225 ($15.30) and gave the stock a “hold” rating in a research report on Monday, August 22nd. JPMorgan Chase & Co. increased their price objective on shares of Ashtead Group plc from GBX 1,140 ($14.24) to GBX 1,340 ($16.74) and gave the stock an “overweight” rating in a report on Monday, September 5th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 1,350 ($16.87) price objective on shares of Ashtead Group plc in a report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,314.27 ($16.42).
Shares of Ashtead Group plc (LON:AHT) opened at 1445.00 on Monday. The company has a 50 day moving average of GBX 1,326.41 and a 200-day moving average of GBX 1,166.98. Ashtead Group plc has a 12-month low of GBX 749.00 and a 12-month high of GBX 1,470.00. The company’s market capitalization is GBX 7.22 billion.
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Ashtead Group plc Company Profile
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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