Ashtead Group (ASHTY) Upgraded to “Buy” at Zacks Investment Research
Ashtead Group (NASDAQ:ASHTY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The brokerage currently has a $93.00 price target on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 12.03% from the company’s current price.
According to Zacks, “Ashtead Group Plc is an equipment company which provides rental solutions primarily in United States and United Kingdom. The company’s operating segments consists of Sunbelt Rentals and A-Plant. Sunbelt Rentals provides pump and power, climate control and scaffolding services. A-Plant business operates through Eve Trakway Limited, which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services and FLG services. Ashtead Group Plc is headquartered in London, the United Kingdom. “
Shares of Ashtead Group (NASDAQ:ASHTY) traded up 0.39% during midday trading on Monday, reaching $83.01. 11,891 shares of the company’s stock were exchanged. Ashtead Group has a 12-month low of $60.39 and a 12-month high of $90.25.
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