Other equities research analysts have also recently issued research reports about the stock. Numis Securities upped their price objective on shares of Ashtead Group from GBX 1,800 ($24.41) to GBX 2,000 ($27.12) and gave the stock an add rating in a research report on Wednesday, September 13th. Citigroup reaffirmed a buy rating and set a GBX 2,000 ($27.12) price objective on shares of Ashtead Group in a research report on Monday, October 30th. Liberum Capital upped their price objective on shares of Ashtead Group from GBX 1,940 ($26.31) to GBX 2,030 ($27.53) and gave the stock a buy rating in a research report on Thursday, September 14th. Jefferies Group reaffirmed a buy rating and set a GBX 2,000 ($27.12) price objective on shares of Ashtead Group in a research report on Thursday, October 19th. Finally, Peel Hunt upped their price objective on shares of Ashtead Group from GBX 1,800 ($24.41) to GBX 2,200 ($29.83) and gave the stock a buy rating in a research report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 2,078.20 ($28.18).
Ashtead Group (LON:AHT) opened at GBX 2,105 ($28.55) on Thursday. Ashtead Group has a one year low of GBX 1,476 ($20.02) and a one year high of GBX 2,118 ($28.72). The company has a market cap of $10,500.00 and a PE ratio of 1,913.64.
The business also recently announced a dividend, which will be paid on Wednesday, February 7th. Stockholders of record on Thursday, January 18th will be issued a GBX 5.50 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, January 18th. This represents a dividend yield of 0.29%.
In other news, insider Suzanne Wood sold 145,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of GBX 2,056 ($27.88), for a total value of £2,981,200 ($4,042,853.27).
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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.
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