Ashtead Group plc 1.6% Potential Decrease Indicated by Morgan Stanley

Broker Ratings

Ashtead Group plc using EPIC/TICKER code (LON:AHT) had its stock rating noted as ‘Downgrades’ 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 2200 GBX on its stock. This would imply the analyst believes there is a potential downside of -1.6% from the opening price of 2235 GBX. Over the last 30 and 90 trading days the company share price has increased 396.5 points and decreased 444 points respectively. The 1 year high stock price is 2797 GBX while the 52 week low is 1010 GBX.

Ashtead Group plc has a 50 day moving average of 1,927.27 GBX and a 200 Day Moving Average share price is recorded at 2,274.19. There are currently 449,309,833 shares in issue with the average daily volume traded being 1,987,583. Market capitalisation for LON:AHT is £10,028,595,472 GBP.

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