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Ashtead Group plc 7% Potential Decrease Indicated by Deutsche Bank

Ashtead Group plc with EPIC/TICKER (LON:AHT) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 1650 GBX on its stock. This would imply the analyst believes there is a potential downside of -7.0% from the opening price of 1775 GBX. Over the last 30 and 90 trading days the company share price has increased 198 points and increased 201 points respectively. The 1 year high for the stock price is 1776 GBX while the 52 week low for the share price is 1182 GBX.

Ashtead Group plc has a 50 day moving average of 1,643.02 GBX and a 200 day moving average of 1,642.50. There are currently 499,225,696 shares in issue with the average daily volume traded being 1,080,819. Market capitalisation for LON:AHT is £8,776,387,736 GBP.

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