Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating reissued by analysts at Jefferies Group in a research report issued on Friday. They presently have a GBX 1,550 ($19.18) target price on the stock. Jefferies Group’s price target suggests a potential upside of 15.07% from the company’s current price.

AHT has been the subject of a number of other research reports. JPMorgan Chase & Co. upped their price objective on shares of Ashtead Group plc from GBX 1,140 ($14.11) to GBX 1,340 ($16.58) and gave the company an “overweight” rating in a research note on Monday, September 5th. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 710 ($8.79) price objective on shares of Ashtead Group plc in a research note on Thursday, September 8th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,100 ($13.61) price objective on shares of Ashtead Group plc in a research note on Monday, October 3rd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,350 ($16.71) price objective on shares of Ashtead Group plc in a research note on Wednesday, September 7th. Finally, Credit Suisse Group AG raised shares of Ashtead Group plc to a “neutral” rating and upped their price objective for the company from GBX 770 ($9.53) to GBX 1,150 ($14.23) in a research note on Tuesday, September 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,306.27 ($16.17).

Analyst Recommendations for Ashtead Group plc (LON:AHT)

Shares of Ashtead Group plc (LON:AHT) opened at 1344.00 on Friday. Ashtead Group plc has a 12-month low of GBX 749.00 and a 12-month high of GBX 1,378.93. The firm has a 50-day moving average of GBX 1,261.35 and a 200-day moving average of GBX 1,074.80. The firm’s market capitalization is GBX 6.71 billion.

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In other news, insider Cole,Christopher sold 25,000 shares of the company’s stock in a transaction dated Tuesday, July 26th. The shares were 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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