Ashtead Group (LON:AHT)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a report released on Tuesday.

AHT has been the subject of several other reports. Numis Securities upped their price objective on Ashtead Group from GBX 2,500 ($32.56) to GBX 2,800 ($36.47) and gave the stock a “buy” rating in a research report on Wednesday, June 20th. UBS Group restated a “sell” rating on shares of Ashtead Group in a research report on Wednesday, July 4th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,500 ($32.56) price objective on shares of Ashtead Group in a research report on Wednesday, June 20th. Deutsche Bank restated a “hold” rating on shares of Ashtead Group in a research report on Friday, August 17th. Finally, Liberum Capital restated a “buy” rating on shares of Ashtead Group in a research report on Tuesday, June 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 2,396.43 ($31.22).

Shares of AHT stock opened at GBX 2,387 ($31.09) on Tuesday. Ashtead Group has a twelve month low of GBX 1,476 ($19.23) and a twelve month high of GBX 2,185 ($28.46).

In other news, insider Tanya Fratto bought 1,000 shares of the company’s stock in a transaction on Wednesday, June 27th. The stock was purchased at an average cost of GBX 2,254 ($29.36) per share, for a total transaction of £22,540 ($29,360.43). Also, insider Ian Sutcliffe sold 24,500 shares of the stock in a transaction dated Friday, August 10th. The shares were sold at an average price of GBX 2,389 ($31.12), for a total value of £585,305 ($762,413.70).

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. The company provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.

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Analyst Recommendations for Ashtead Group (LON:AHT)

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