Ashtead Group plc Receives Buy Rating from Cantor Fitzgerald Europe (AHT)
Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating reaffirmed by stock analysts at Cantor Fitzgerald Europe in a report issued on Monday, American Banking & Market News reports. They currently have a GBX 960 ($15.97) target price on the stock. Cantor Fitzgerald Europe’s price target indicates a potential upside of 13.47% from the stock’s previous close.
A number of other analysts have also recently weighed in on AHT. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Ashtead Group plc in a research note on Tuesday, February 18th. They now have a GBX 1,000 ($16.63) price target on the stock. Separately, 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 ($13.47) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Ashtead Group plc from GBX 860 ($14.30) to GBX 971 ($16.15) in a research note on Friday, January 31st. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 840.64 ($13.98).
Shares of Ashtead Group plc (LON:AHT) opened at 853.00 on Monday. Ashtead Group plc has a 52-week low of GBX 482.70 and a 52-week high of GBX 852.4999. The stock’s 50-day moving average is GBX 805.0 and its 200-day moving average is GBX 707.2. The company’s market cap is £4.275 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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