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Ashtead Group (AHT) Stock Forecast & Price Target

GBX 5,284
-142.00 (-2.62%)
(As of 07/19/2024 ET)

Ashtead Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Ashtead Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, and 6 have given a buy rating for AHT.

Consensus Price Target

GBX 4,933.13
High ForecastGBX 7,000
Average ForecastGBX 4,933.13
Low ForecastGBX 615

According to the 8 analysts' twelve-month price targets for Ashtead Group, the average price target is GBX 4,933.13. The highest price target for AHT is GBX 7,000, while the lowest price target for AHT is GBX 615. The average price target represents a forecasted downside of -6.64% from the current price of GBX 5,284.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 4,933.13GBX 4,970.63GBX 4,709.38GBX 5,951.43
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AHT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AHT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ashtead Group Stock vs. The Competition

TypeAshtead GroupIndustrials Companies
Consensus Rating Score
2.75
2.60
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetBuyGBX 6,800 ➝ GBX 6,500+18.31%
6/12/2024Jefferies Financial Group
2 of 5 stars
 Reiterated RatingBuyGBX 6,150+6.77%
5/15/2024Barclays
2 of 5 stars
 Reiterated RatingOverweightGBX 6,600+8.41%
3/12/2024Royal Bank of Canada
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 Lower TargetSector PerformGBX 5,300 ➝ GBX 5,100-0.04%
2/16/2024JPMorgan Chase & Co.
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 Reiterated RatingOverweightGBX 6,800+27.72%
12/4/2023Berenberg Bank
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 Boost TargetBuyGBX 700-85.78%
12/4/2023Canaccord Genuity Group
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 DowngradeHoldGBX 615-87.51%
9/11/2023Numis Securities
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 Reiterated RatingBuyGBX 7,000+36.47%
3/7/2023Peel Hunt
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 Reiterated RatingBuyGBX 5,200-11.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:06 AM ET.

AHT Forecast - Frequently Asked Questions

What is Ashtead Group's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Ashtead Group is GBX 4,933.13, with a high forecast of GBX 7,000 and a low forecast of GBX 615.

Should I buy or sell Ashtead Group stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AHT shares.

Does Ashtead Group's stock price have much downside?

According to analysts, Ashtead Group's stock has a predicted downside of -7.67% based on their 12-month stock forecasts.

What analysts cover Ashtead Group?

Ashtead Group has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, and Jefferies Financial Group in the past 90 days.

Do Wall Street analysts like Ashtead Group more than its competitors?

Analysts like Ashtead Group more than other "industrials" companies. The consensus rating score for Ashtead Group is 2.75 while the average consensus rating score for "industrials" companies is 2.60. Learn more on how AHT compares to other companies.


This page (LON:AHT) was last updated on 7/21/2024 by MarketBeat.com Staff

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