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RBC Capital Markets covered Ashtead Group PLC (LON:AHT), upping its stock price target to 1,580.00GBX today

Ashtead Group PLC (LON:AHT) had its price target upped to 1,580.00GBX by RBC Capital Markets in a report released 10/13/2016. The new target suggests a potential upside of 0.18% based on the company's previous stock price.

On 10/10/2016, Exane BNP Paribas released a statement about Ashtead Group PLC (LON:AHT) maintained the target price at 1,100.00GBX that suggested a downside of -0.18%.

Having a price of 1,333.50GBX, Ashtead Group PLC (LON:AHT) traded -2.38% lower on the day. With the last stock price up 22.16% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AHT has recorded a 50-day average of 1,263.38GBX and a two hundred day average of 1,076.46GBX. Trade Volume was up over the average, with 4,459,732 shares of AHT changing hands over the typical 2,194,390

Recent Performance Chart

Ashtead Group PLC (LON:AHT)

Ashtead Group PLC has 52 week low of 749.00GBX and a 52 week high of 1,378.93GBX with a PE ratio of 15.64 and has a market capitalization of 0 GBX.

In addition to RBC Capital Markets 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.

Brief Synopsis On 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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