Ashtead Group plc 8.5% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Ashtead Group plc with EPIC/TICKER (LON:AHT) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Morgan Stanley have set their target price at 2450 GBX on its stock. This is indicating the analyst believes there is a potential downside of -8.5% from the opening price of 2677 GBX. Over the last 30 and 90 trading days the company share price has increased 326 points and increased 1309 points respectively. The 52 week high for the stock is 2879 GBX while the 52 week low for the stock is 1010 GBX.

Ashtead Group plc has a 50 day moving average of 2,295.34 GBX and the 200 Day Moving Average price is recorded at 2,308.76. There are currently 449,309,833 shares in issue with the average daily volume traded being 1,601,928. Market capitalisation for LON:AHT is £12,293,117,030 GBP.

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