Liberum Capital Reiterates “Buy” Rating for Ashtead Group (AHT)
Ashtead Group (LON:AHT)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a report issued on Tuesday, AnalystRatings.NET reports.
A number of other firms have also recently commented on AHT. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Tuesday. They now have a GBX 700 ($11.53) price target on the stock. Separately, analysts at HSBC downgraded shares of Ashtead Group to a “neutral” rating in a research note to investors on Thursday, January 23rd. They now have a GBX 830 ($13.68) price target on the stock, up previously from GBX 780 ($12.85). Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Thursday, January 23rd. They now have a GBX 900 ($14.83) price target on the stock. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 834.46 ($13.75).
Ashtead Group (LON:AHT) traded up 1.84% on Tuesday, hitting GBX 774.00. 727,187 shares of the company’s stock traded hands. Ashtead Group has a 52-week low of GBX 447.415 and a 52-week high of GBX 817.00. The stock has a 50-day moving average of GBX 774.2 and a 200-day moving average of GBX 693.5. The company’s market cap is £3.879 billion.
Ashtead Group plc is an investment holding and management company. The principal activity of the Company is the rental of equipment to industrial and commercial users mainly in the non-residential construction sectors of the United States and the United Kingdom.
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