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Ashtead Group PLC (LON:AHT) stock price target held steady at 1,800.00GBX, issued a research note today by JP Morgan Cazenove

Yesterday Ashtead Group PLC (LON:AHT) traded -0.17% lower at 1,770.00GBX. The company’s 50-day moving average is 1,635.28GBX and its 200-day moving average is 1,626.86GBX. The last closing price is up 7.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 407,908 shares of the stock traded hands, down from an average trading volume of 1,727,020

In a report released on Wednesday September 13, 2017 JP Morgan Cazenove hold steady the stock price target of Ashtead Group PLC (LON:AHT) from 1,800.00GBX to 1,800.00GBX indicating a possible upside of 0.02%.

Previously on 9/12/2017, Peel Hunt reported on Ashtead Group PLC (LON:AHT) held steady the target price at 1,800.00GBX. At the time, this indicated a possible upside of 0.01%.

See Chart Below

Ashtead Group PLC (LON:AHT)

Ashtead Group PLC has a 52 week low of 1,182.00GBX and a 52 week high of 1,828.72GBX with a P/E ratio of 17.56 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is 1,077.00GBX with 7 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 3 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Ashtead Group PLC (LON:AHT)

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. The Company operates approximately 550 stores in over 40 states in the United States and over 10 stores in Canada. The Company's equipment can be used to lift, power, generate, light, move, dig, compact, drill, support, access, scrub, pump, direct, heat and ventilate. The Company rents on a short-term basis. It sells old equipment in the second-hand market. The Company's rental fleet ranges from small hand-held tools to a range of construction equipment. It provides rental solutions for non-residential construction markets, facilities management, disaster relief, event management, climate control, scaffolding and traffic management.

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