Liberum Capital reissued their buy rating on shares of Ashtead Group plc (LON:AHT) in a report published on Friday. The firm currently has a GBX 2,030 ($26.93) target price on the stock.

Several other research analysts have also commented on the stock. Numis Securities Ltd restated an add rating and set a GBX 1,750 ($23.21) price target on shares of Ashtead Group plc in a research note on Wednesday, June 14th. Beaufort Securities reaffirmed a buy rating on shares of Ashtead Group plc in a research note on Wednesday, June 14th. Peel Hunt reaffirmed a buy rating and issued a GBX 1,800 ($23.88) price objective on shares of Ashtead Group plc in a research note on Tuesday, September 12th. Jefferies Group LLC reiterated a buy rating and issued a GBX 2,000 ($26.53) price objective on shares of Ashtead Group plc in a report on Monday, September 4th. Finally, HSBC Holdings plc upgraded shares of Ashtead Group plc to a buy rating and upped their price objective for the stock from GBX 1,650 ($21.89) to GBX 1,740 ($23.08) in a report on Monday, June 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 1,783.62 ($23.66).

Ashtead Group plc (AHT) opened at 1792.00 on Friday. The stock’s market capitalization is GBX 8.92 billion. Ashtead Group plc has a 52-week low of GBX 1,202.00 and a 52-week high of GBX 1,828.00. The firm has a 50-day moving average price of GBX 1,688.47 and a 200 day moving average price of GBX 1,634.13.

Ashtead Group plc (LON:AHT) last posted its earnings results on Tuesday, September 12th. The company reported GBX 31.50 ($0.42) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 30.10 ($0.40) by GBX 1.40 ($0.02). The firm had revenue of £828.80 million during the quarter. Ashtead Group plc had a net margin of 14.47% and a return on equity of 24.78%. On average, equities research analysts predict that Ashtead Group plc will post $118.90 EPS for the current year.

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About Ashtead Group plc

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.

Analyst Recommendations for Ashtead Group plc (LON:AHT)

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