Shares of Ashtead Group plc (LON:AHT) have received a consensus rating of “Buy” from the fourteen brokerages that are presently covering the stock. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,679 ($21.67).

AHT has been the topic of several research analyst reports. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,550 ($20.01) price objective on shares of Ashtead Group plc in a research note on Monday, January 23rd. Peel Hunt lifted their price objective on Ashtead Group plc from GBX 1,700 ($21.94) to GBX 1,800 ($23.23) and gave the company a “buy” rating in a research note on Tuesday, January 24th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,660 ($21.43) price target on shares of Ashtead Group plc in a research report on Thursday, January 26th. Jefferies Group LLC boosted their price target on Ashtead Group plc from GBX 1,800 ($23.23) to GBX 1,900 ($24.53) and gave the stock a “buy” rating in a research report on Thursday, January 26th. Finally, Beaufort Securities reissued a “buy” rating on shares of Ashtead Group plc in a research report on Wednesday, March 8th.

Ashtead Group plc (LON:AHT) traded up 1.49% during mid-day trading on Friday, hitting GBX 1565.00. 922,636 shares of the company were exchanged. The stock’s market cap is GBX 7.79 billion. Ashtead Group plc has a 12 month low of GBX 875.78 and a 12 month high of GBX 1,764.00. The firm has a 50 day moving average price of GBX 1,628.17 and a 200 day moving average price of GBX 1,589.12.

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Ashtead Group plc Company Profile

Ashtead Group plc is an equipment rental company. The Company rents a range of construction and industrial equipment across a range of applications to a diverse customer base. The Company’s segments include Sunbelt and A-Plant. The Company operates in the United States, the United Kingdom and Canada.

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