Research analysts at Royal Bank Of Canada started coverage on shares of Ashtead Group (OTCMKTS:ASHTF) in a research note issued on Thursday. The brokerage set an “outperform” rating on the stock.
Several other research firms also recently issued reports on ASHTF. Beaufort Securities restated a “buy” rating on shares of Ashtead Group in a report on Wednesday, June 15th. BNP Paribas downgraded Ashtead Group from an “outperform” rating to a “neutral” rating in a report on Monday, June 27th. Jefferies Group restated a “buy” rating and set a $1,385.00 price objective on shares of Ashtead Group in a report on Thursday, August 25th. Finally, Credit Suisse Group AG upgraded Ashtead Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 27th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $1,107.50.
Ashtead Group (OTCMKTS:ASHTF) opened at 16.295 on Thursday. Ashtead Group has a 12-month low of $11.00 and a 12-month high of $17.07. The company has a 50-day moving average of $16.24 and a 200 day moving average of $14.52. The stock has a market cap of $8.14 billion and a price-to-earnings ratio of 15.243.
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