Ashtead Group plc 57.3% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

Ashtead Group plc using EPIC/TICKER code LON:AHT had its stock rating noted as ‘Reiteration’ 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 their target price at 1300 GBX on its stock. This would imply the analyst believes there is a potential downside of 57.3% from today’s opening price of 3045 GBX. Over the last 30 and 90 trading days the company share price has increased 130 points and increased 413 points respectively.
Ashtead Group plc LON:AHT has a 50 day moving average of 2,882.94 GBX and a 200 Day Moving Average share price is recorded at 2,526.37The 52 week high share price is 3067 GBX while the year low share price is currently 1010 GBX. There are currently 451,354,833 shares in issue with the average daily volume traded being 1,289,023. Market capitalisation for LON:AHT is £13,504,536,603 GBP.

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