Ashtead Group (ASHTF) Given Consensus Recommendation of “Hold” by Analysts
Ashtead Group (OTCMKTS:ASHTF) has been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $1,385.00.
Several brokerages have issued reports on ASHTF. Royal Bank Of Canada assumed coverage on shares of Ashtead Group in a research report on Thursday, October 13th. They set an “outperform” rating on the stock. RBC Capital Markets reaffirmed an “outperform” rating on shares of Ashtead Group in a report on Thursday, October 13th. Peel Hunt reaffirmed a “buy” rating on shares of Ashtead Group in a report on Thursday, October 13th. Credit Suisse Group AG raised shares of Ashtead Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 27th. Finally, Deutsche Bank AG reaffirmed a “sell” rating on shares of Ashtead Group in a report on Thursday, November 3rd.
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Shares of Ashtead Group (OTCMKTS:ASHTF) remained flat at $18.85 on Tuesday. The stock has a 50-day moving average price of $16.57 and a 200-day moving average price of $15.49. Ashtead Group has a one year low of $11.00 and a one year high of $18.85. The company has a market capitalization of $9.42 billion and a P/E ratio of 18.19.
About Ashtead Group
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