Ashtead Group (LON:AHT) Earns No Recommendation Rating from JPMorgan Chase & Co.

Ashtead Group (LON:AHT)‘s stock had its “no recommendation” rating reiterated by JPMorgan Chase & Co. in a report released on Thursday, Marketbeat.com reports.

Several other equities research analysts also recently commented on AHT. UBS Group reissued a “neutral” rating and set a GBX 5,000 price target on shares of Ashtead Group in a research report on Friday, August 15th. Jefferies Financial Group lowered shares of Ashtead Group to a “hold” rating and reduced their price target for the stock from GBX 5,900 to GBX 5,700 in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 5,920.

Ashtead Group Stock Down 2.2%

AHT opened at GBX 4,686 on Thursday. Ashtead Group has a 12 month low of GBX 3,477 and a 12 month high of GBX 6,448. The stock has a market cap of £19.68 billion, a P/E ratio of 13.73, a P/E/G ratio of 1.32 and a beta of 1.22. The stock’s 50 day moving average price is GBX 5,205.45 and its 200 day moving average price is GBX 4,833.56. The company has a debt-to-equity ratio of 146.30, a current ratio of 1.31 and a quick ratio of 1.13.

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.