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Ashtead Group plc 7.7% Potential Decrease Indicated by Deutsche Bank

Ashtead Group plc with EPIC/TICKER (LON:AHT) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 1800 GBX on its stock. This would indicate that the analyst believes there is a downside of -7.7% from the opening price of 1950 GBX. Over the last 30 and 90 trading days the company share price has decreased 13 points and increased 277 points respectively. The 1 year high for the stock price is 1983 GBX while the year low share price is currently 1476 GBX.

Ashtead Group plc has a 50 day moving average of 1,911.32 GBX and a 200 Day Moving Average share price is recorded at 1,720.27. There are currently 499,225,754 shares in issue with the average daily volume traded being 1,541,540. Market capitalisation for LON:AHT is £9,749,878,976 GBP.

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