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Ashtead Group plc 25.6% Potential Upside Indicated by JP Morgan Cazenove

Ashtead Group plc with EPIC/TICKER (LON:AHT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 2500 GBX on its stock. This indicates the analyst now believes there is a potential upside of 25.6% from the opening price of 1990 GBX. Over the last 30 and 90 trading days the company share price has decreased 12 points and increased 40 points respectively. The 1 year high stock price is 2185 GBX while the year low stock price is currently 1476 GBX.

Ashtead Group plc has a 50 day moving average of 2,072.76 GBX and the 200 Day Moving Average price is recorded at 1,856.59. There are currently 492,213,253 shares in issue with the average daily volume traded being 2,204,272. Market capitalisation for LON:AHT is £9,849,187,193 GBP.