Ashtead Group (LON: AHT)‘s stock had its “buy” rating reaffirmed by research analysts at HB Markets in a report released on Wednesday.

Ashtead Group opened at 564.00 on Wednesday. Ashtead Group has a 1-year low of GBX 212.20 and a 1-year high of GBX 537.00. The stock’s 50-day moving average is currently GBX 324.4. The company’s market cap is £2.823 billion.

Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Tuesday.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.