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

Ashtead Group plc (LON:AHT) insider Lucinda Riches sold 1,000 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of GBX 5,880 ($76.78), for a total value 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. Ashtead Group plc has a fifty-two week low of GBX 4,437 ($57.94) and a fifty-two week 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. The company has a quick ratio of 1.13, a current ratio of 1.17 and a debt-to-equity ratio of 145.75. The stock has a market cap of £25.78 billion, a price-to-earnings ratio of 2,227.17, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22.

Wall Street Analysts Forecast Growth

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

About Ashtead Group

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.