Ashtead Group (OTCMKTS:ASHTF) Given Average Recommendation of “Hold” by Analysts
Shares of Ashtead Group (OTCMKTS:ASHTF) have been given an average rating of “Hold” by the six research firms that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $1,385.00.
A number of equities analysts have recently issued reports on ASHTF shares. Jefferies Group restated a “buy” rating and set a $1,385.00 price objective on shares of Ashtead Group in a research report on Thursday, August 25th. BNP Paribas downgraded Ashtead Group from an “outperform” rating to a “neutral” rating in a research report on Monday, June 27th. Beaufort Securities restated a “buy” rating on shares of Ashtead Group in a research report on Wednesday, June 15th. Finally, Peel Hunt restated a “buy” rating on shares of Ashtead Group in a research report on Tuesday, June 14th.
Shares of Ashtead Group (OTCMKTS:ASHTF) remained flat at $16.27 during trading on Tuesday. 50 shares of the company traded hands. The firm’s 50-day moving average price is $16.09 and its 200-day moving average price is $14.04. Ashtead Group has a 12-month low of $11.00 and a 12-month high of $17.07. The stock has a market capitalization of $8.13 billion and a PE ratio of 14.54.
About Ashtead Group
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