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Liberum Capital covered Ashtead Group PLC (LON:AHT), bumping its target to 2,030.00GBX earlier today

Boasting a price of 1,770.00GBX, Ashtead Group PLC (LON:AHT) traded -0.17% lower on the day. 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. AHT has recorded a 50-day moving average of 1,635.28GBX and a 200-day moving average of 1,626.86GBX. 407,908 shares of the stock traded hands, down from an average trading volume of 1,727,020

Ashtead Group PLC (LON:AHT) had its target price increased to 2,030.00GBX by Liberum Capital in a report issued 9/14/2017. The updated stock price target suggests a potential upside of 0.15% from the company's previous stock price.

On 09/13/2017, Numis released a statement about Ashtead Group PLC (LON:AHT) upped the target price from 1,800.00GBX to 2,000.00GBX that suggested an upside of 0.14%.

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.

A total of 15 firms have released a ratings update on AHT. Seven brokers rating the stock a strong buy, 4 brokers rating the stock a buy, three brokerages rating the company a hold, two brokerages rating the stock a underperform, and finally 0 brokerages rating the company a sell with a one year target of 1,077.00GBX.

More 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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