Ashtead Group plc (AHT) Price Target Raised to GBX 1,700 at Jefferies Group
Ashtead Group plc (LON:AHT) had its price target boosted by Jefferies Group from GBX 1,550 ($19.23) to GBX 1,700 ($21.09) in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock. Jefferies Group’s price target would indicate a potential upside of 13.96% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the stock. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,200 ($14.89) price target on shares of Ashtead Group plc in a research report on Monday, November 21st. Deutsche Bank AG lifted their price target on shares of Ashtead Group plc from GBX 710 ($8.81) to GBX 730 ($9.06) and gave the company a “sell” rating in a research report on Friday, November 18th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,500 ($18.61) price target on shares of Ashtead Group plc in a research report on Friday, October 14th. JPMorgan Chase & Co. lifted their price target on shares of Ashtead Group plc from GBX 1,370 ($17.00) to GBX 1,430 ($17.74) and gave the company an “overweight” rating in a research report on Friday, October 14th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,500 ($18.61) price target (up from GBX 1,350 ($16.75)) on shares of Ashtead Group plc in a research report on Thursday, October 13th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 1,324.27 ($16.43).
Ashtead Group plc (LON:AHT) opened at 1485.00 on Tuesday. Ashtead Group plc has a 12 month low of GBX 749.00 and a 12 month high of GBX 1,510.00. The company’s market capitalization is GBX 7.42 billion. The firm has a 50-day moving average price of GBX 1,347.00 and a 200-day moving average price of GBX 1,183.80.
ILLEGAL ACTIVITY WARNING: This story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2016/11/29/ashtead-group-plc-aht-price-target-raised-to-gbx-1700-at-jefferies-group.html.
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.
Receive News & Stock Ratings for Ashtead Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashtead Group plc and related stocks with our FREE daily email newsletter.