Ashtead Group plc Receives “Buy” Rating from Liberum Capital (AHT)
Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Friday. They currently have a GBX 1,030 ($17.04) target price on the stock. Liberum Capital’s target price indicates a potential upside of 6.51% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Wednesday. They now have a GBX 1,150 ($19.03) price target on the stock. Separately, 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. One analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,046.42 ($17.32).
Ashtead Group plc (LON:AHT) opened at 971.50 on Friday. 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 915.7 and its 200-day moving average is GBX 895.3. The company’s market cap is £4.869 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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