Ashtead Group plc Rating Reiterated by Jefferies Group (AHT)
Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Wednesday. They currently have a GBX 1,150 ($19.03) target price on the stock. Jefferies Group’s target price points to a potential upside of 18.19% from the company’s current price.
Ashtead Group plc (LON:AHT) opened at 978.00 on Wednesday. Ashtead Group plc has a one year low of GBX 576.00 and a one year high of GBX 991.50. The stock’s 50-day moving average is GBX 912. and its 200-day moving average is GBX 893.6. The company’s market cap is £4.902 billion.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank raised their price target on shares of Ashtead Group plc from GBX 1,110 ($18.37) to GBX 1,145 ($18.95) in a research note on Friday, August 22nd. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Tuesday, July 22nd. They now have a GBX 1,030 ($17.04) price target on the stock. One equities research analyst has rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,046.42 ($17.32).
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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