Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a report released on Friday. They presently have a GBX 2,030 ($27.30) price objective on the stock. Liberum Capital’s target price points to a potential upside of 12.84% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. Barclays PLC reiterated an “overweight” rating and set a GBX 1,867 ($25.11) target price on shares of Ashtead Group plc in a research report on Monday, September 25th. Credit Suisse Group lifted their target price on shares of Ashtead Group plc from GBX 1,500 ($20.17) to GBX 1,650 ($22.19) and gave the stock a “neutral” rating in a research report on Thursday, September 14th. Berenberg Bank lifted their target price on shares of Ashtead Group plc from GBX 1,600 ($21.52) to GBX 1,700 ($22.86) and gave the stock a “hold” rating in a research report on Thursday, September 14th. Numis Securities Ltd lifted their target price on shares of Ashtead Group plc from GBX 1,800 ($24.21) to GBX 2,000 ($26.90) and gave the stock an “add” rating in a research report on Wednesday, September 13th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a GBX 1,650 ($22.19) target price on shares of Ashtead Group plc in a research report on Wednesday, September 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,783.62 ($23.99).

Shares of Ashtead Group plc (LON:AHT) opened at 1799.00 on Friday. The company’s 50 day moving average is GBX 1,650.70 and its 200-day moving average is GBX 1,629.78. The company’s market capitalization is GBX 8.95 billion. Ashtead Group plc has a 1-year low of GBX 1,199.88 and a 1-year high of GBX 1,828.00.

Ashtead Group plc (LON:AHT) last posted its earnings results on Tuesday, September 12th. The company reported GBX 31.50 ($0.42) EPS for the quarter, topping the consensus estimate of GBX 30.10 ($0.40) by GBX 1.40 ($0.02). Ashtead Group plc had a net margin of 14.47% and a return on equity of 24.78%. The business had revenue of £828.80 million for the quarter. On average, equities research analysts forecast that Ashtead Group plc will post $118.88 EPS for the current year.

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About Ashtead Group plc

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.

Analyst Recommendations for Ashtead Group plc (LON:AHT)

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