Credit Suisse Reaffirms Outperform Rating on Ashtead Group (AHT)
Ashtead Group (LON: AHT)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday. They currently have a $8.59 (545 GBX) target price on the stock.
Ashtead Group opened at 453.82 on Wednesday. Ashtead Group has a 52-week low of GBX 212.20 and a 52-week high of GBX 464.60. The stock’s 50-day moving average is currently GBX 324.4. The company’s market cap is £2.271 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Tuesday, January 8th. They now have a $7.25 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Ashtead Group in a research note to investors on Friday, January 4th. They now have a $7.72 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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