JPMorgan Chase & Co. reiterated their overweight rating on shares of Ashtead Group (LON:AHT) in a report released on Thursday.

Several other analysts also recently commented on AHT. Numis Securities boosted their target price on shares of Ashtead Group from GBX 2,500 ($32.67) to GBX 2,800 ($36.59) and gave the stock a buy rating in a research report on Wednesday, June 20th. UBS Group reissued a sell rating on shares of Ashtead Group in a research report on Wednesday, July 4th. Liberum Capital reissued a buy rating on shares of Ashtead Group in a research report on Thursday, July 19th. Jefferies Financial Group boosted their target price on shares of Ashtead Group from GBX 2,200 ($28.75) to GBX 2,750 ($35.93) and gave the stock a buy rating in a research report on Monday, August 6th. Finally, Deutsche Bank reissued a hold rating on shares of Ashtead Group in a research report on Friday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. Ashtead Group has an average rating of Buy and a consensus price target of GBX 2,396.43 ($31.31).

AHT traded down GBX 36.50 ($0.48) on Thursday, reaching GBX 1,900 ($24.83). 3,735,744 shares of the company traded hands, compared to its average volume of 2,210,000. Ashtead Group has a 52-week low of GBX 1,476 ($19.29) and a 52-week high of GBX 2,185 ($28.55).

In other news, insider Ian Sutcliffe sold 24,500 shares of the business’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of GBX 2,389 ($31.22), for a total value of £585,305 ($764,804.65).

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.

Featured Story: Outstanding Shares and The Effect on Share Price

Analyst Recommendations for Ashtead Group (LON:AHT)

Receive News & Ratings for Ashtead Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashtead Group and related companies with MarketBeat.com's FREE daily email newsletter.