Ashtead Group plc 2.3% Potential Decrease Indicated by HSBC

Broker Ratings

Ashtead Group plc with EPIC/TICKER (LON:AHT) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. Ashtead Group plc are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 2350 GBX on its stock. This would indicate that the analyst believes there is a downside of -2.3% from today’s opening price of 2405 GBX. Over the last 30 and 90 trading days the company share price has increased 67 points and increased 176 points respectively. The 1 year high stock price is 2468 GBX while the year low stock price is currently 1572.5 GBX.

Ashtead Group plc has a 50 day moving average of 2,288.97 GBX and a 200 Day Moving Average share price is recorded at 2,164.49. There are currently 455,709,833 shares in issue with the average daily volume traded being 1,555,842. Market capitalisation for LON:AHT is £10,832,222,730 GBP.

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