Ashtead Technology (LON:AT) Receives “Outperform” Rating from Royal Bank Of Canada

Posted by Teresa Graham on Jul 16th, 2026

Ashtead Technology (LON:AT – Get Free Report)‘s stock had its “outperform” rating reaffirmed by investment analysts at Royal Bank Of Canada in a research note issued on Thursday,Digital Look reports. They presently have a GBX 560 target price on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 30.99% from the stock’s previous close.

Separately, Stifel Nicolaus restated a “buy” rating and set a GBX 600 price target on shares of Ashtead Technology in a report on Thursday, March 19th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Ashtead Technology has an average rating of “Buy” and an average price target of GBX 637.

Check Out Our Latest Stock Analysis on Ashtead Technology

Ashtead Technology Trading Up 4.3%

Shares of LON AT opened at GBX 427.50 on Thursday. Ashtead Technology has a 1-year low of GBX 426 and a 1-year high of GBX 893. The company has a debt-to-equity ratio of 78.29, a current ratio of 2.25 and a quick ratio of 1.46. The business’s 50 day moving average is GBX 450.96 and its two-hundred day moving average is GBX 425.16. The stock has a market capitalization of £339.04 million, a P/E ratio of 13.80 and a beta of 0.41.

Insider Activity at Ashtead Technology

In related news, insider Jean Cahuzac purchased 9,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was purchased at an average price of GBX 423 per share, with a total value of £40,185. Company insiders own 3.28% of the company’s stock.

About Ashtead Technology

(Get Free Report)

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products. It also provides mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and diver tooling, intervention skids, topside support, recovery tools, ancillary deck equipment, and fabrication solutions.