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.

TRADEMARK VIOLATION NOTICE: “Ashtead Group (ASHTY) Upgraded to “Buy” at Zacks Investment Research” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/08/28/ashtead-group-ashty-upgraded-to-buy-at-zacks-investment-research.html.

Receive News & Stock Ratings for Ashtead Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashtead Group and related stocks with our FREE daily email newsletter.