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Ashtead Group plc 11.6% Potential Upside Indicated by JP Morgan Cazenove

Ashtead Group plc using EPIC/TICKER code (LON:AHT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Ashtead Group plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 2450 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.6% from the opening price of 2195 GBX. Over the last 30 and 90 trading days the company share price has decreased 45 points and decreased 59 points respectively. The 1 year high stock price is 2356 GBX while the 52 week low for the stock is 1572.5 GBX.

Ashtead Group plc has a 50 day moving average of 2,229.07 GBX and a 200 Day Moving Average share price is recorded at 2,112.54. There are currently 458,210,882 shares in issue with the average daily volume traded being 1,781,334. Market capitalisation for LON:AHT is £10,066,893,077 GBP.