Ashtead Group plc 4.9% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Ashtead Group plc using EPIC/TICKER code (LON:AHT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Ashtead Group plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 2700 GBX on its stock. This indicates the analyst now believes there is a potential upside of 4.9% from today’s opening price of 2573 GBX. Over the last 30 and 90 trading days the company share price has increased 305 points and increased 560 points respectively. The 1 year high share price is 2797 GBX while the 52 week low is 1010 GBX.

Ashtead Group plc has a 50 day moving average of 2,154.80 GBX and a 200 day moving average of 2,296.42. There are currently 449,309,833 shares in issue with the average daily volume traded being 1,680,964. Market capitalisation for LON:AHT is £11,416,962,856 GBP.

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