Ashtead Group plc Rating Reiterated by Numis Securities Ltd (AHT)
Ashtead Group plc (LON:AHT)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 1,150 ($19.08) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 13.13% from the stock’s previous close.
AHT has been the subject of a number of other recent research reports. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Ashtead Group plc in a research note on Wednesday. They now have a GBX 1,145 ($19.00) price target on the stock. Separately, analysts at Investec raised their price target on shares of Ashtead Group plc from GBX 1,100 ($18.25) to GBX 1,140 ($18.92) in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Ashtead Group plc from GBX 1,090 ($18.09) to GBX 1,128 ($18.72) in a research note on Wednesday. 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’s stock. Ashtead Group plc currently has a consensus rating of “Buy” and a consensus price target of GBX 1,082.92 ($17.97).
Shares of Ashtead Group plc (LON:AHT) opened at 1009.00 on Thursday. 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 926.6 and a 200-day moving average of GBX 900.5. The company’s market cap is £5.057 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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