Ashtead Group (AHT) PT Raised to GBX 1,800 at Deutsche Bank
Ashtead Group (LON:AHT) had its price target boosted by Deutsche Bank from GBX 1,650 ($22.21) to GBX 1,800 ($24.23) in a research report released on Wednesday. Deutsche Bank currently has a hold rating on the stock.
A number of other research analysts have also weighed in on the company. Citigroup reaffirmed a buy rating and set a GBX 2,000 ($26.92) price objective on shares of Ashtead Group in a research report on Monday, October 30th. Barclays reiterated an overweight rating and set a GBX 1,867 ($25.13) target price on shares of Ashtead Group in a research note on Wednesday, September 13th. Liberum Capital reiterated a buy rating and set a GBX 2,030 ($27.32) target price on shares of Ashtead Group in a research note on Thursday, October 19th. Peel Hunt reiterated a buy rating and set a GBX 1,800 ($24.23) target price on shares of Ashtead Group in a research note on Tuesday, September 12th. Finally, Jefferies Group reiterated a buy rating and set a GBX 2,000 ($26.92) target price on shares of Ashtead Group in a research note on Monday, September 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 1,895.50 ($25.51).
Ashtead Group (LON:AHT) opened at GBX 2,013.58 ($27.10) on Wednesday. Ashtead Group has a 52-week low of GBX 1,476 ($19.87) and a 52-week high of GBX 2,024 ($27.24).
Ashtead Group (LON:AHT) last posted its quarterly earnings data on Tuesday, September 12th. The company reported GBX 31.50 ($0.42) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 30.10 ($0.41) by GBX 1.40 ($0.02). Ashtead Group had a return on equity of 29.67% and a net margin of 17.04%. The company had revenue of £828.80 million during the quarter.
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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.
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