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Ashtead Group plc 13.3% 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 2600 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.3% from today’s opening price of 2295 GBX. Over the last 30 and 90 trading days the company share price has increased 145 points and increased 320 points respectively. The 1 year high for the share price is 2461 GBX while the year low share price is currently 1572.5 GBX.

Ashtead Group plc has a 50 day moving average of 2,247.99 GBX and a 200 Day Moving Average share price is recorded at 2,035.11. There are currently 791,674,183 shares in issue with the average daily volume traded being 1,400,751. Market capitalisation for LON:AHT is £10,636,359,595 GBP.