Ashtead Group plc Receives Average Rating of “Buy” from Brokerages (LON:AHT)
Ashtead Group plc (LON:AHT) has earned a consensus recommendation of “Buy” from the fifteen analysts that are covering the stock, Analyst Ratings News reports. Two investment analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 840.64 ($14.09).
Ashtead Group plc (LON:AHT) traded up 0.65% during mid-day trading on Thursday, hitting GBX 850.00. The stock had a trading volume of 518,819 shares. Ashtead Group plc has a 52-week low of GBX 482.70 and a 52-week high of GBX 845.50. The stock has a 50-day moving average of GBX 800.1 and a 200-day moving average of GBX 705.2. The company’s market cap is £4.260 billion.
A number of analysts have recently weighed in on AHT shares. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Ashtead Group plc in a research note on Tuesday. They now have a GBX 1,000 ($16.76) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Wednesday, February 12th. They now have a GBX 960 ($16.09) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Thursday, February 6th. They now have a GBX 810 ($13.57) price target on the stock.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.