Royal Bank Of Canada began coverage on shares of Ashtead Group (OTCMKTS:ASHTF) in a research report sent to investors on Thursday. The brokerage issued an outperform rating on the stock.

Other research analysts have also issued research reports about the company. Jefferies Group reissued a buy rating and set a $1,385.00 price objective on shares of Ashtead Group in a report on Thursday, August 25th. Beaufort Securities reaffirmed a buy rating on shares of Ashtead Group in a report on Wednesday, June 15th. Credit Suisse Group AG raised Ashtead Group from an underperform rating to a neutral rating in a report on Tuesday, September 27th. Finally, BNP Paribas lowered Ashtead Group from an outperform rating to a neutral rating in a report on Monday, June 27th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $1,107.50.

Analyst Recommendations for Ashtead Group (OTCMKTS:ASHTF)

Shares of Ashtead Group (OTCMKTS:ASHTF) traded up 0.000% during midday trading on Thursday, reaching $16.295. The stock has a 50-day moving average of $16.24 and a 200-day moving average of $14.53. Ashtead Group has a one year low of $11.00 and a one year high of $17.07. The stock has a market capitalization of $8.14 billion and a P/E ratio of 15.243.

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