Lucinda Riches Sells 1,000 Shares of Ashtead Group plc (LON:AHT) Stock

Ashtead Group plc (LON:AHT) insider Lucinda Riches sold 1,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of GBX 5,880 ($76.78), for a total transaction of £58,800 ($76,782.45).

Ashtead Group Stock Up 0.1 %

Shares of LON AHT opened at GBX 5,902 ($77.07) on Friday. The firm has a market cap of £25.78 billion, a P/E ratio of 2,227.17, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. The company has a debt-to-equity ratio of 145.75, a quick ratio of 1.13 and a current ratio of 1.17. Ashtead Group plc has a 1 year low of GBX 4,437 ($57.94) and a 1 year high of GBX 6,180 ($80.70). The firm’s 50 day moving average price is GBX 5,462.98 and its 200 day moving average price is GBX 5,522.41.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AHT shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 7,000 ($91.41) target price on shares of Ashtead Group in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 6,500 ($84.88) price objective on shares of Ashtead Group in a research note on Wednesday, September 4th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,150 ($80.31) target price on shares of Ashtead Group in a research report on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 5,537.86 ($72.31).

Ashtead Group Company Profile

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.