Equities researchers at Cantor Fitzgerald increased their target price on shares of Ashtead Group (LON: AHT) from $7.52 (500 GBX) to $9.77 (650 GBX) in a report issued on Thursday. The firm currently has a “buy” rating on the stock.

Ashtead Group traded up 2.09% on Thursday, hitting GBX 587.00. Ashtead Group has a 1-year low of GBX 212.20 and a 1-year high of GBX 580.00. The stock’s 50-day moving average is currently GBX 324.4. The company’s market cap is £2.938 billion.

A number of other analysts have also recently weighed in on AHT. Analysts at HB Markets reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Wednesday. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Ashtead Group in a research note to investors on Wednesday. They now have a $9.76 price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Ashtead Group in a research note to investors on Tuesday. They now have a $7.94 price target on the stock.

Ashtead Group plc is an investment holding and management company. The principal activity of the Company is the rental of equipment to industrial and commercial users mainly in the non-residential construction sectors of the United States and the United Kingdom.

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