Ashtead Group plc (LON:AHT) Insider Sells £58,800 in Stock

Ashtead Group plc (LON:AHT) insider Lucinda Riches sold 1,000 shares of Ashtead Group 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 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 Monday. 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 company has a market cap of £25.78 billion, a PE ratio of 2,227.17, a P/E/G ratio of 1.32 and a beta of 1.22. The company has a debt-to-equity ratio of 145.75, a current ratio of 1.17 and a quick ratio of 1.13. The stock’s 50-day moving average is GBX 5,462.98 and its 200 day moving average is GBX 5,521.59.

Wall Street Analysts Forecast Growth

AHT has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,500 ($84.88) target price on shares of Ashtead Group in a research note on Wednesday, September 4th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,150 ($80.31) target price on shares of Ashtead Group in a research note on Tuesday, September 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 7,000 ($91.41) target price on shares of Ashtead Group in a research note on Monday, October 14th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Ashtead Group presently has a consensus rating of “Moderate Buy” and a consensus 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.