Ashtead Group (AHT) Rating Reiterated by Peel Hunt
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).
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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