Broker Recommendations

Berenberg starts coverage of Ashtead at 'buy', shares jump

By Michele Maatouk

Date: Thursday 19 Sep 2024

(Sharecast News) - Berenberg initiated coverage of equipment rental firm Ashtead on Thursday with a 'buy' rating and 7,000p price target.
The bank said that alongside competitors, Ashtead has benefited from a 10-year trend toward leasing over ownership.

"In the medium term, it has significant exposure to structural growth drivers,...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page