JPMorgan Chase & Co. Boosts Ashtead Group plc (AHT) Price Target to GBX 1,430
Ashtead Group plc (LON:AHT) had its price objective boosted by JPMorgan Chase & Co. from GBX 1,370 ($16.70) to GBX 1,430 ($17.43) in a research report sent to investors on Friday. They currently have an overweight rating on the stock.
Several other analysts also recently commented on AHT. BNP Paribas reiterated an outperform rating and set a GBX 1,050 ($12.80) target price on shares of Ashtead Group plc in a research note on Monday, June 20th. Berenberg Bank increased their target price on Ashtead Group plc from GBX 1,150 ($14.02) to GBX 1,200 ($14.63) and gave the company a buy rating in a research note on Monday, July 4th. Credit Suisse Group AG reiterated an underperform rating and set a GBX 770 ($9.38) target price on shares of Ashtead Group plc in a research note on Monday, July 4th. Barclays PLC reiterated an overweight rating and set a GBX 1,180 ($14.38) target price on shares of Ashtead Group plc in a research note on Monday, July 11th. Finally, Peel Hunt reiterated a buy rating and set a GBX 1,250 ($15.23) target price on shares of Ashtead Group plc in a research note on Wednesday, July 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 1,306.27 ($15.92).
Ashtead Group plc (LON:AHT) opened at 1324.00 on Friday. The stock’s market capitalization is GBX 6.62 billion. Ashtead Group plc has a 52-week low of GBX 749.00 and a 52-week high of GBX 1,378.93. The company’s 50-day moving average price is GBX 1,266.58 and its 200 day moving average price is GBX 1,084.79.
In other Ashtead Group plc news, insider Cole,Christopher sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of GBX 1,186 ($14.45), for a total transaction of £296,500 ($361,365.02).
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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