Berenberg Bank Boosts Ashtead Technology (LON:AT) Price Target to GBX 800

Ashtead Technology (LON:AT) had its price objective boosted by Berenberg Bank from GBX 775 ($10.06) to GBX 800 ($10.39) in a report issued on Thursday morning, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft raised shares of Ashtead Technology to a “buy” rating and increased their price target for the stock from GBX 835 ($10.84) to GBX 860 ($11.17) in a research report on Tuesday, September 3rd.

Ashtead Technology Trading Down 3.2 %

AT opened at GBX 570 ($7.40) on Thursday. The stock has a market capitalization of £457.71 million, a PE ratio of 1,900.00 and a beta of 0.28. The company has a debt-to-equity ratio of 70.83, a current ratio of 1.82 and a quick ratio of 1.46. Ashtead Technology has a 12-month low of GBX 426 ($5.53) and a 12-month high of GBX 893 ($11.59). The firm’s fifty day moving average price is GBX 652.96 and its 200 day moving average price is GBX 745.43.

Ashtead Technology Company Profile

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products.