Ashtead Group (AHT)

Sector:

Support

Index:

FTSE 100

5,788.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 6,104.00
  • 52 Week Low: 4,694.00
  • Currency: UK Pounds
  • Shares Issued: 451.35m
  • Volume: 776,483
  • Market Cap: £26,124m
  • RiskGrade: 116

Goldman starts Ashtead at 'buy', shares rally

By Michele Maatouk

Date: Thursday 18 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Ashtead shares rallied on Thursday as Goldman Sachs initiated coverage of the stock at 'buy' with a 5,100p price target, highlighting re-rating potential.
"We think there is room for further re-rating as we believe we are at the beginning of an upgrade cycle supported by improving cyclical trends," GS said.

"Furthermore, we expect a return to double-digit organic revenue trends over the next 12 months driven by cyclical and secular tailwinds of growing rental penetration, along with solid free cash flow generation which we expect will drive further re-rating in the shares."

At 1245 GMT, the shares were up 3% at 3,987p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Ashtead Group Market Data

Currency UK Pounds
Share Price 5,788.00p
Change Today -14.00p
% Change -0.24 %
52 Week High 6,104.00
52 Week Low 4,694.00
Volume 776,483
Shares Issued 451.35m
Market Cap £26,124m
RiskGrade 116

Ashtead Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average
26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average
Price Trend
45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average
25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average
Income
84.47% below the market average84.47% below the market average84.47% below the market average84.47% below the market average84.47% below the market average
79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average
Growth
14.83% above the market average14.83% above the market average14.83% above the market average14.83% above the market average14.83% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average

What The Brokers Say

Strong Buy 6
Buy 10
Neutral 3
Sell 1
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ashtead Group Dividends

  Latest Previous
  Final Interim
Ex-Div 08-Aug-24 11-Jan-24
Paid 10-Sep-24 08-Feb-24
Amount 89.25¢ 15.75¢

Trades for 31-Oct-2024

Time Volume / Share Price
17:32 15,706 @ 5,754.25p
17:32 1,992 @ 5,754.25p
17:32 45,293 @ 5,760.21p
17:32 20,885 @ 5,754.73p
16:39 210 @ 5,788.00p

Ashtead Group Key Personnel

CEO Brendan Horgan
CFO Michael Pratt

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