Ashtead Group (LON:AHT)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. They currently have a GBX 2,450 ($33.22) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 14.70% from the stock’s current price.
AHT has been the topic of several other research reports. Peel Hunt reissued a “buy” rating and issued a GBX 2,200 ($29.83) price objective on shares of Ashtead Group in a research note on Thursday, January 4th. Liberum Capital reissued a “buy” rating and issued a GBX 2,030 ($27.53) price objective on shares of Ashtead Group in a research note on Thursday, December 7th. Jefferies Group reissued a “buy” rating and issued a GBX 2,000 ($27.12) price objective on shares of Ashtead Group in a research note on Thursday, October 19th. Numis Securities reissued a “buy” rating and issued a GBX 2,500 ($33.90) price objective on shares of Ashtead Group in a research note on Wednesday, December 13th. Finally, Barclays reissued an “overweight” rating and issued a GBX 2,263 ($30.69) price objective on shares of Ashtead Group in a research note on Tuesday, December 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. Ashtead Group presently has a consensus rating of “Buy” and a consensus target price of GBX 2,104.87 ($28.54).
Ashtead Group (LON:AHT) traded up GBX 2 ($0.03) on Thursday, hitting GBX 2,136 ($28.97). The stock had a trading volume of 2,291,056 shares, compared to its average volume of 1,750,000. The company has a market capitalization of $10,630.00 and a PE ratio of 1,941.82. Ashtead Group has a 1 year low of GBX 1,476 ($20.02) and a 1 year high of GBX 2,168 ($29.40).
In other Ashtead Group news, insider Suzanne Wood sold 145,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of GBX 2,056 ($27.88), for a total value of £2,981,200 ($4,042,853.27).
Ashtead Group 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.
Receive News & Ratings for Ashtead Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashtead Group and related companies with MarketBeat.com's FREE daily email newsletter.