Ashtead Group (AHT) PT Raised to GBX 2,400 at Royal Bank Of Canada

Ashtead Group (LON:AHT) had its price target increased by Royal Bank Of Canada from GBX 2,100 ($28.26) to GBX 2,400 ($32.30) in a research note issued to investors on Tuesday. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 22.82% from the stock’s current price.

Several other research analysts also recently issued reports on AHT. Peel Hunt restated a “buy” rating and set a GBX 1,800 ($24.23) price objective on shares of Ashtead Group in a report on Thursday, August 17th. Jefferies Group restated a “buy” rating and set a GBX 2,000 ($26.92) price objective on shares of Ashtead Group in a report on Monday, September 4th. Liberum Capital restated a “buy” rating and set a GBX 1,940 ($26.11) price objective on shares of Ashtead Group in a report on Friday, September 8th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 1,800 ($24.23) price objective on shares of Ashtead Group in a report on Wednesday, September 13th. Finally, Deutsche Bank restated a “hold” rating and set a GBX 1,650 ($22.21) price objective on shares of Ashtead Group in a report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. Ashtead Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,884.79 ($25.37).

Ashtead Group (LON AHT) opened at GBX 1,954 ($26.30) on Tuesday. Ashtead Group has a twelve month low of GBX 1,476 ($19.87) and a twelve month high of GBX 1,983 ($26.69).

Ashtead Group (LON:AHT) last posted its quarterly earnings data on Tuesday, September 12th. The company reported GBX 31.50 ($0.42) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 30.10 ($0.41) by GBX 1.40 ($0.02). Ashtead Group had a net margin of 17.04% and a return on equity of 29.67%. The company had revenue of £828.80 million for the quarter.

COPYRIGHT VIOLATION NOTICE: “Ashtead Group (AHT) PT Raised to GBX 2,400 at Royal Bank Of Canada” was originally reported by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.com-unik.info/2017/12/05/ashtead-group-aht-pt-raised-to-gbx-2400-at-royal-bank-of-canada.html.

About Ashtead Group

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.

Analyst Recommendations for Ashtead Group (LON:AHT)

What are top analysts saying about Ashtead Group plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Ashtead Group plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit