Ashtead Group plc (NASDAQ:ASHTY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “Ashtead Group Plc is an equipment company which provides rental solutions primarily in United States and United Kingdom. The company’s operating segments consists of Sunbelt Rentals and A-Plant. Sunbelt Rentals provides pump and power, climate control and scaffolding services. A-Plant business operates through Eve Trakway Limited, which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services and FLG services. Ashtead Group Plc is headquartered in London, the United Kingdom. “

Ashtead Group plc (NASDAQ ASHTY) traded down $0.02 on Tuesday, hitting $100.19. 3,463 shares of the company’s stock traded hands, compared to its average volume of 3,478. Ashtead Group plc has a twelve month low of $70.40 and a twelve month high of $105.15.

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