Ashtead Group plc (AHT.L) (LON:AHT) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Ashtead Group plc (AHT.L) (LON:AHT) in a research report sent to investors on Wednesday morning, Analyst Ratings Network reports. Deutsche Bank Aktiengesellschaft currently has a GBX 4,100 ($53.57) price target on the stock.

Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. restated an overweight rating and set a GBX 3,300 ($43.11) target price on shares of Ashtead Group plc (AHT.L) in a research report on Wednesday, December 9th. Barclays boosted their price objective on shares of Ashtead Group plc (AHT.L) from GBX 3,330 ($43.51) to GBX 4,340 ($56.70) and gave the stock an overweight rating in a report on Tuesday, February 9th. Finally, Berenberg Bank raised Ashtead Group plc (AHT.L) to a hold rating and lifted their price target for the stock from GBX 2,150 ($28.09) to GBX 2,850 ($37.24) in a research note on Tuesday, November 10th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 3,010 ($39.33).

Shares of LON AHT opened at GBX 3,884 ($50.74) on Wednesday. Ashtead Group plc has a 1-year low of GBX 1,010 ($13.20) and a 1-year high of GBX 4,106 ($53.65). The stock has a fifty day moving average price of GBX 3,846.64 and a 200 day moving average price of GBX 3,254.88. The company has a market cap of £17.45 billion and a PE ratio of 28.23. The company has a debt-to-equity ratio of 150.99, a current ratio of 1.12 and a quick ratio of 1.03.

Ashtead Group plc (AHT.L) Company Profile

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It offers range of products and services, such as general tools, air compressors and accessories, compaction and earth moving, climate control services, power and HVAC, pump solutions, remediation and restoration, flooring solutions, and lighting and grip.

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Analyst Recommendations for Ashtead Group plc (AHT.L) (LON:AHT)

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