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 on Thursday, October 17th. The shares were sold at an average price of GBX 5,880 ($76.78), for a total transaction of £58,800 ($76,782.45).

Ashtead Group Stock Performance

AHT opened at GBX 5,902 ($77.07) on Friday. The company has a 50 day simple moving average of GBX 5,462.98 and a two-hundred day simple moving average of GBX 5,521.59. 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 firm has a market cap of £25.78 billion, a P/E ratio of 2,227.17, a PEG ratio of 1.32 and a beta of 1.22. 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).

Wall Street Analyst Weigh In

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