Ashtead Group plc 26.1% Potential Decrease Indicated by Berenberg

Broker Ratings
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Ashtead Group plc using EPIC/TICKER code (LON:AHT) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 2000 GBX on its stock. This would imply the analyst believes there is a potential downside of -26.1% from today’s opening price of 2706 GBX. Over the last 30 and 90 trading days the company share price has increased 266 points and increased 1067.5 points respectively. The 52 week high for the share price is currently at 2879 GBX while the year low share price is currently 1010 GBX.

Ashtead Group plc has a 50 day moving average of 2,428.71 GBX and a 200 day moving average of 2,328.42. There are currently 449,309,833 shares in issue with the average daily volume traded being 1,725,430. Market capitalisation for LON:AHT is £12,144,844,785 GBP.

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