Ashtead Group plc Stock Rating Reaffirmed by Cantor Fitzgerald Europe (AHT)
Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating reiterated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Monday, American Banking & Market News reports. They currently have a GBX 960 ($15.97) price target on the stock. Cantor Fitzgerald Europe’s price objective would indicate 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 analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 840.64 ($13.98).
Ashtead Group plc (LON:AHT) traded up 1.78% on Monday, hitting GBX 865.1026. The stock had a trading volume of 962,161 shares. Ashtead Group plc has a one year low of GBX 482.70 and a one year 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 £4.335 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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