Ashtead Group (ASHTF) Earns “Outperform” Rating from RBC Capital Markets
Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada started coverage on Ashtead Group in a report on Thursday, October 13th. They issued an outperform rating on the stock. Peel Hunt reiterated a buy rating on shares of Ashtead Group in a report on Thursday, October 13th. Credit Suisse Group AG upgraded Ashtead Group from an underperform rating to a neutral rating in a report on Tuesday, September 27th. Jefferies Group reiterated a buy rating and issued a $1,385.00 price objective on shares of Ashtead Group in a report on Thursday, August 25th. Finally, BNP Paribas downgraded Ashtead Group from an outperform rating to a neutral rating in a report on Monday, June 27th. Three 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 a consensus rating of Buy and a consensus target price of $1,107.50.
Ashtead Group (OTCMKTS:ASHTF) opened at 15.73 on Thursday. Ashtead Group has a 52-week low of $11.00 and a 52-week high of $17.07. The stock’s 50 day moving average price is $16.23 and its 200-day moving average price is $14.62. The company has a market capitalization of $7.86 billion and a P/E ratio of 14.71.
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