Ashtead Group plc (LON:AHT)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group LLC in a research note issued to investors on Thursday, October 19th. They currently have a GBX 2,000 ($26.39) price target on the stock. Jefferies Group LLC’s price target would suggest a potential upside of 2.99% from the stock’s previous close.
Several other brokerages have also commented on AHT. Liberum Capital reissued a “buy” rating and set a GBX 2,030 ($26.79) price objective on shares of Ashtead Group plc in a report on Friday, September 29th. Barclays PLC restated an “overweight” rating and issued a GBX 1,867 ($24.64) target price on shares of Ashtead Group plc in a research report on Monday, September 25th. Credit Suisse Group boosted their target price on Ashtead Group plc from GBX 1,500 ($19.79) to GBX 1,650 ($21.77) and gave the stock a “neutral” rating in a research report on Thursday, September 14th. Berenberg Bank boosted their price objective on Ashtead Group plc from GBX 1,600 ($21.11) to GBX 1,700 ($22.43) and gave the company a “hold” rating in a research report on Thursday, September 14th. Finally, Numis Securities Ltd boosted their price objective on Ashtead Group plc from GBX 1,800 ($23.75) to GBX 2,000 ($26.39) and gave the company an “add” rating in a research report on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,783.62 ($23.54).
Shares of Ashtead Group plc (LON:AHT) opened at 1942.00 on Thursday. The stock’s market cap is GBX 9.66 billion. Ashtead Group plc has a 52-week low of GBX 1,202.00 and a 52-week high of GBX 1,975.00. The firm has a 50-day moving average of GBX 1,817.76 and a 200-day moving average of GBX 1,663.96.
Ashtead Group plc (LON:AHT) last posted its earnings results 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 ($0.40) by GBX 1.40 ($0.02). Ashtead Group plc had a return on equity of 29.67% and a net margin of 17.04%. The business had revenue of £828.80 million during the quarter. On average, equities analysts expect that Ashtead Group plc will post $118.98 EPS for the current fiscal year.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/10/28/ashtead-group-plc-aht-given-buy-rating-at-jefferies-group-llc.html.
Ashtead Group plc 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 plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashtead Group plc and related companies with MarketBeat.com's FREE daily email newsletter.