Shares of Ashtead Group plc (LON:AHT - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,588.16 ($62.19) and traded as high as GBX 5,418 ($73.43). Ashtead Group shares last traded at GBX 5,378.14 ($72.89), with a volume of 817,561 shares changing hands.
Analysts Set New Price Targets
AHT has been the subject of several recent analyst reports. UBS Group reaffirmed a "neutral" rating and issued a GBX 5,000 target price on shares of Ashtead Group in a report on Friday, August 15th. Jefferies Financial Group downgraded Ashtead Group to a "hold" rating and lowered their price objective for the stock from GBX 5,900 to GBX 5,700 in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Ashtead Group presently has a consensus rating of "Hold" and a consensus price target of GBX 5,825.
Check Out Our Latest Analysis on AHT
Ashtead Group Stock Down 0.0%
The stock has a market capitalization of £22.78 billion, a PE ratio of 1,555.28, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. The company has a quick ratio of 1.13, a current ratio of 1.31 and a debt-to-equity ratio of 146.30. The company's fifty day moving average price is GBX 5,194.95 and its 200-day moving average price is GBX 4,588.16.
Ashtead Group Company Profile
(
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Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
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