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Ashtead Group PLC (LON:AHT) target price raised to 2,000.00GBX, issued a report today by Numis

Ashtead Group PLC (LON:AHT) had its target price raised to 2,000.00GBX by Numis in a report released 09/13/2017. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 9/12/2017, Peel Hunt reported about 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%.

Yesterday Ashtead Group PLC (LON:AHT) traded -0.17% lower at 1,753.00GBX. The company’s 50-day moving average is 1,635.28GBX and its 200-day moving average is 1,626.86GBX. The last stock close 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. 407,908 shares of the stock were exchanged, down from an average trading volume of 1,727,020

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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 Numis reporting its target price, a total of 15 firms have issued a report on the stock. The consensus target price is 1,077.00GBX with 7 firms rating the stock a strong buy, 4 firms rating the stock a buy, 3 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Company Details For 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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