Ashtead Group (AHT) Given New GBX 2,200 Price Target at Peel Hunt
Ashtead Group (LON:AHT) had its price objective lifted by Peel Hunt from GBX 1,800 ($24.23) to GBX 2,200 ($29.61) in a report published on Thursday. The brokerage currently has a buy rating on the stock.
AHT has been the topic of a number of other research reports. Liberum Capital reissued a buy rating and set a GBX 2,030 ($27.32) price target on shares of Ashtead Group in a research report on Thursday, December 7th. J P Morgan Chase & Co raised their target price on Ashtead Group from GBX 1,800 ($24.23) to GBX 2,400 ($32.30) and gave the company an overweight rating in a report on Tuesday, November 28th. Jefferies Group reaffirmed a buy rating and issued a GBX 2,000 ($26.92) target price on shares of Ashtead Group in a report on Thursday, October 19th. Numis Securities reaffirmed a buy rating and issued a GBX 2,500 ($33.65) target price on shares of Ashtead Group in a report on Wednesday. Finally, Citigroup downgraded Ashtead Group to a neutral rating in a report on Wednesday. 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. The stock currently has a consensus rating of Buy and an average target price of GBX 1,988.07 ($26.76).
Shares of Ashtead Group (AHT) traded down GBX 28 ($0.38) during trading hours on Thursday, reaching GBX 1,894 ($25.49). The company had a trading volume of 2,779,311 shares, compared to its average volume of 1,550,000. Ashtead Group has a 1-year low of GBX 1,476 ($19.87) and a 1-year high of GBX 2,038.84 ($27.44).
In related news, insider Suzanne Wood sold 145,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of GBX 2,056 ($27.67), for a total transaction of £2,981,200 ($4,012,382.23).
COPYRIGHT VIOLATION NOTICE: “Ashtead Group (AHT) Given New GBX 2,200 Price Target at Peel Hunt” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/ashtead-group-aht-given-new-gbx-2200-price-target-at-peel-hunt/1766610.html.
Ashtead Group Company Profile
Ashtead Group plc is an equipment rental company. The Company rents a range of construction and industrial equipment across a range of applications to a diverse customer base. The Company’s segments include Sunbelt and A-Plant. The Company operates in the United States, the United Kingdom and Canada.
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.