Ashtead Group plc Receives Average Recommendation of “Buy” from Brokerages (LON:AHT)
Shares of Ashtead Group plc (LON:AHT) have received a consensus recommendation of “Buy” from the twelve analysts that are presently covering the company, Analyst Ratings Network.com reports. One equities research analyst has rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 958.17 ($16.12).
A number of analysts have recently weighed in on AHT shares. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Friday. They now have a GBX 1,050 ($17.66) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Ashtead Group plc in a research note on Thursday. They now have a GBX 1,100 ($18.50) 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 Friday, May 9th. They now have a GBX 1,030 ($17.33) price target on the stock.
Shares of Ashtead Group plc (LON:AHT) traded up 1.88% on Friday, hitting GBX 867.00. 731,619 shares of the company’s stock traded hands. Ashtead Group plc has a 52-week low of GBX 576.00 and a 52-week high of GBX 991.50. The stock has a 50-day moving average of GBX 877. and a 200-day moving average of GBX 816.5. The company’s market cap is £4.345 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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