<div id="readability-page-1"><p><span>Ashtead Group (LON:AHT - Get Free Report)</span>'s stock had its &#34;hold&#34; rating reissued by stock analysts at Peel Hunt in a research report issued on Monday,Digital Look reports. They presently have a GBX 5,000 target price on the stock. Peel Hunt's target price points to a potential downside of 3.06% from the company's current price.</p><p>A number of other brokerages have also commented on AHT. Jefferies Financial Group lowered Ashtead Group to a &#34;hold&#34; rating and dropped their price target for the stock from GBX 5,900 to GBX 5,700 in a research note on Thursday, September 11th. JPMorgan Chase &amp; Co.  reissued a &#34;no recommendation&#34; rating on shares of Ashtead Group in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada  restated an &#34;underperform&#34; rating and issued a GBX 4,600 price objective on shares of Ashtead Group in a report on Friday, November 7th. One research analyst  has rated the stock with a Buy rating, three have given a Hold rating and one  has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and an average price target of GBX 5,460.</p><div><p><span></span><span>Get <strong>Ashtead Group</strong> alerts:</span></p></div><p><b>Check Out Our Latest Report on AHT</b></p><h2>Ashtead Group Trading Up 0.2%</h2><p>Shares of Ashtead Group stock traded up GBX 12.80 during trading on Monday, reaching GBX 5,158. 9,577,441 shares of the stock were exchanged, compared to its average volume of 4,372,638. The company has a quick ratio of 1.13, a current ratio of 1.31 and a debt-to-equity ratio of 146.30. The stock's fifty day moving average is GBX 4,968.62 and its 200 day moving average is GBX 4,949.82. The firm has a market cap of £21.56 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. Ashtead Group has a 1 year low of GBX 3,477 and a 1 year high of GBX 5,616. </p><h2>Ashtead Group Company Profile</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Ashtead Group</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>Super Micro's Sell-Off Is a Mirage—Here’s Why the Rally May Come Back Fast</li><li>What Are Treasury Bonds?</li><li>3 Companies Turning Big Cash Flow Into Bigger Shareholder Gains</li><li>What is the FTSE 100 index? </li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9QUhU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9QUhU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ashtead Group Right Now?</h2><p>Before you consider Ashtead Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ashtead Group wasn't on the list.</p><p>While Ashtead Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Peel Hunt reiterated a "hold" rating for Ashtead Group with a target price of GBX 5,000, indicating a potential downside of 3.06%. Other analysts have also rated the stock, with a consensus "hold" rating and an average price target of GBX 5,460. Ashtead Group's stock traded up 0.2% to GBX 5,158, with a market cap of £21.56 billion.</p>

Peel Hunt Reiterates Hold Rating for Ashtead Group (LON:AHT)