Ashtead Group (ASHTF) Downgraded to “Neutral” at Citigroup

Ashtead Group (OTCMKTS:ASHTF) was downgraded by Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday.

Separately, Deutsche Bank restated a “buy” rating on shares of Ashtead Group in a report on Thursday, September 21st.

Ashtead Group (OTCMKTS ASHTF) traded down $1.75 during mid-day trading on Wednesday, hitting $25.90. The company had a trading volume of 851 shares, compared to its average volume of 499. Ashtead Group has a 52-week low of $18.95 and a 52-week high of $26.72.

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