Ashtead Group plc’s (AHT) “Buy” Rating Reiterated at Peel Hunt
Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued on Thursday.
Other equities research analysts also recently issued research reports about the company. Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,150 ($14.23) price objective on shares of Ashtead Group plc in a report on Wednesday, June 15th. Beaufort Securities restated a “buy” rating on shares of Ashtead Group plc in a research note on Wednesday, June 15th. Berenberg Bank increased their price target on Ashtead Group plc from GBX 1,150 ($14.23) to GBX 1,200 ($14.85) and gave the company a “buy” rating in a research note on Monday, July 4th. Jefferies Group restated a “buy” rating and issued a GBX 1,385 ($17.14) price target on shares of Ashtead Group plc in a research note on Thursday, July 21st. Finally, Citigroup Inc. restated a “buy” rating and issued a GBX 1,450 ($17.95) price target on shares of Ashtead Group plc in a research note on Monday, September 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 1,255.93 ($15.54).
Ashtead Group plc (LON:AHT) opened at 1337.00 on Thursday. The stock has a 50 day moving average of GBX 1,258.54 and a 200-day moving average of GBX 1,072.90. Ashtead Group plc has a 52-week low of GBX 749.00 and a 52-week high of GBX 1,378.93. The company’s market cap is GBX 6.68 billion.
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In related news, insider Cole,Christopher sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of GBX 1,186 ($14.68), for a total value of £296,500 ($366,955.45).
Ashtead Group plc Company Profile
Ashtead Group plc is a United Kingdom-based equipment rental company with networks in the United States and the United Kingdom. The Company operates through two business units: Sunbelt, which provides pump and power, climate control and scaffolding service, and A-Plant business, which operates through Eve Trakway Limited (Eve), which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services, and FLG (lifting) services.
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