# Ashtead Group plc 40.6% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/ashtead-group-plc-40-6-potential-upside-indicated-by-berenberg-bank/4121186023
- Published: 2025-02-10T13:27:26+00:00
- 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 40.6% according to Berenberg
Bank.
AHT.LBerenberg Bank set a target price of 7,000 GBX for the company, which
when compared to the Ashtead Group plc share price of 4,977 GBX at opening today(
10/02/2025) indicates a potential upside of 40.6%. Trading has ranged between 4,807(
52 week low) and 6,448 (52 week high) with an average of 1,171,942 shares exchanging
hands daily. The market capitalisation at the time of writing is £22,026,826,080.
Ashtead Group plc is a United Kingdom-based international equipment rental company
with national networks in the United States, Canada, and the United Kingdom under
the brand name Sunbelt Rentals. The Company rents a range of construction and industrial
equipment across a variety of applications to a diverse customer base. The Sunbelt
US is construction and industrial equipment rental division which has around 1,157
stores. It rent a wide range of equipment from a network of stores clustered in 
major metropolitan areas from Washington DC, and Baltimore on the Atlantic Coast
through Miami, Tampa and Orlando in Florida to Los Angeles and Seattle on the West
Coast. The Company’s Canada division has its stores in Alberta, British Colombia,
Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, and Saskatchewan. The Sunbelt
UK rents a range of equipment and operates approximately 192 stores and various 
markets in the United Kingdom. Its equipment’s are used in lift, power, and more.

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