Today, Ashtead Group plc (AHT) Price Target Raised to GBX 1,700 at Jefferies Group

Today, Ashtead Group plc (AHT) Price Target Raised to GBX 1,700 at Jefferies Group

Ashtead Group plc (LON:AHT) had its price target boosted by investment analysts at Jefferies Group from GBX 1,550 ($19.23) to GBX 1,700 ($21.09) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective suggests a potential upside of 13.96% from the company’s previous close.

A number of other equities analysts have also recently issued reports on AHT. BNP Paribas restated a “neutral” rating and issued a GBX 1,200 ($14.89) price objective on shares of Ashtead Group plc in a research report on Monday, November 21st. Citigroup Inc. restated a “buy” rating and issued a GBX 1,450 ($17.99) price objective on shares of Ashtead Group plc in a research report on Monday, September 12th. Peel Hunt restated a “buy” rating and issued a GBX 1,500 ($18.61) price objective (up previously from GBX 1,350 ($16.75)) on shares of Ashtead Group plc in a research report on Thursday, October 13th. HSBC boosted their price objective on shares of Ashtead Group plc from GBX 970 ($12.03) to GBX 1,225 ($15.20) and gave the company a “hold” rating in a research report on Monday, August 22nd. Finally, Numis Securities Ltd restated an “add” rating and issued a GBX 1,500 ($18.61) price objective on shares of Ashtead Group plc in a research report on Friday, October 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company. Ashtead Group plc presently has an average rating of “Buy” and an average price target of GBX 1,324.27 ($16.43).

Shares of Ashtead Group plc (LON:AHT) opened at 1485.00 on Tuesday. The company has a 50 day moving average of GBX 1,347.00 and a 200-day moving average of GBX 1,183.80. The firm’s market cap is GBX 7.42 billion. Ashtead Group plc has a 12-month low of GBX 749.00 and a 12-month high of GBX 1,510.00.

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