Ashtead Group plc (AHT) Stock Rating Reaffirmed by Numis Securities Ltd
Ashtead Group plc (LON:AHT)‘s stock had its “add” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Friday. They presently have a GBX 1,500 ($18.56) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 11.36% from the stock’s previous close.
AHT has been the topic of several other reports. JPMorgan Chase & Co. increased their target price on shares of Ashtead Group plc from GBX 1,140 ($14.11) to GBX 1,340 ($16.58) and gave the stock an “overweight” rating in a research note on Monday, September 5th. Deutsche Bank AG restated a “sell” rating and set a GBX 710 ($8.79) price objective on shares of Ashtead Group plc in a report on Thursday, September 8th. BNP Paribas restated a “neutral” rating and set a GBX 1,100 ($13.61) price objective on shares of Ashtead Group plc in a report on Monday, October 3rd. Jefferies Group restated a “buy” rating and set a GBX 1,385 ($17.14) price objective on shares of Ashtead Group plc in a report on Thursday, September 1st. Finally, Peel Hunt restated a “buy” rating and set a GBX 1,350 ($16.71) price objective on shares of Ashtead Group plc in a report on Wednesday, September 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,295.27 ($16.03).
Shares of Ashtead Group plc (LON:AHT) opened at 1357.00 on Friday. The company’s market cap is GBX 6.78 billion. Ashtead Group plc has a one year low of GBX 749.00 and a one year high of GBX 1,378.93. The company’s 50 day moving average is GBX 1,261.35 and its 200 day moving average is GBX 1,074.80.
In other Ashtead Group plc news, insider Cole,Christopher sold 25,000 shares of the stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of GBX 1,186 ($14.68), for a total transaction of £296,500 ($366,955.45).
About Ashtead Group plc
Ashtead Group plc is a United Kingdom-based equipment rental company with networks in the United States and the United Kingdom. The Company operates through two business units: Sunbelt, which provides pump and power, climate control and scaffolding service, and A-Plant business, which operates through Eve Trakway Limited (Eve), which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services, and FLG (lifting) services.
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