# Ashtead Group plc 34.0% potential upside indicated by Numis

- Link: https://www.directorstalkinterviews.com/ashtead-group-plc-34.0-potential-upside-indicated-by-numis/4121127457
- Published: 2023-09-19T13:33:52+01:00
- Author: Charlotte Edwards

**[Ashtead Group plc](https://www.directorstalkinterviews.com/ftse-company/ashtead-group/aht.l)**
with ticker (LON:AHT) now has a potential upside of 34.0% according to Numis.
Numis
set a target price of 7,000 GBX for the company, which when compared to the Ashtead
Group plc share price of 5,222 GBX at opening today (19/09/2023) indicates a potential
upside of 34.0%. Trading has ranged between 3,739 (52 week low) and 6,012 (52 week
high) with an average of 478,563 shares exchanging hands daily. The market capitalisation
at the time of writing is £22,857,687,120.Ashtead Group plc is a United Kingdom-
based international equipment rental company. The Company rents a range of construction
and industrial equipment across a variety of applications to a diverse customer 
base. The Company operates mainly in the United States, Canada, and the United Kingdom,
under the brand name Sunbelt Rentals. The Company’s Sunbelt US is a United States-
based construction and industrial equipment rental division with approximately 1,056
stores. It rents a range of equipment from a network of stores clustered in various
metropolitan areas, from Washington D.C., and Baltimore on the Atlantic Coast through
Miami, Tampa, and Orlando in Florida to Los Angeles and Seattle on the West Coast.
It operates in the Canadian market under the Sunbelt Rentals brand, with stores 
in Alberta, British Columbia, Ontario, Manitoba, and Saskatchewan. Sunbelt UK rents
a range of equipment and operates approximately 184 stores and various markets in
the United Kingdom.

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