Panmure Gordon upgraded shares of Ashtead Group (LON: AHT) to a buy rating in a research report released on Tuesday morning. Panmure Gordon currently has $9.41 (626 GBX) price target on the stock, up from their previous price target of $6.72 (447 GBX).
A number of other analysts have also recently weighed in on AHT. Analysts at Citigroup raised their price target on shares of Ashtead Group from $7.31 to $8.86 in a research note to investors on Friday, March 1st. They now have a buy rating on the stock. Separately, analysts at Jefferies Group reiterated a buy rating on shares of Ashtead Group in a research note to investors on Tuesday, February 26th. They now have a $7.96 price target on the stock. Finally, analysts at Credit Suisse reiterated an outperform rating on shares of Ashtead Group in a research note to investors on Wednesday, January 30th. They now have a $8.59 price target on the stock.
Shares of Ashtead Group opened at 593.00 on Tuesday. Ashtead Group has a one year low of GBX 212.20 and a one year high of GBX 580.00. The stock’s 50-day moving average is currently GBX 324.4. The company’s market cap is £2.968 billion.
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