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Ashtead slumps after double downgrade by Bank of America ML
2015-07-22 10:55:20| Industrial Machines - Topix.net
Ashtead took a hit on Wednesday after a double downgrade by Bank of America Merrill Lynch, which cut the stock to 'underperform' from 'buy' and slashed its price target to 1,000p from 1,300p, pointing to a "triple whammy" of worrying trends. "We have become increasingly concerned that the rental rate environment has weakened in recent months and the outlook for further rate growth from the current cyclical peak looks increasing unlikely," the bank said.
Ashtead: can it keep up with 897% five-year share gain?
2015-07-06 15:14:21| Industrial Machines - Topix.net
Equipment rental specialist Ashtead is one of a select group of British businesses that has established a market-leading presence across the Atlantic. Worth A 5.5 billion, it may be one of the biggest companies on the London stock market unfamiliar to most people.
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Ashtead Group plc Rating Reiterated by Stifel Nicolaus
2015-06-11 12:53:55| Jewelry - Topix.net
's stock had its "buy" rating reiterated by equities research analysts at Stifel Nicolaus in a research note issued to investors on Thursday. They currently have a GBX 1,500 target price on the stock.
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Ashtead Group plc Given Buy Rating at Jefferies Group
2015-06-09 07:15:03| Jewelry - Topix.net
's stock had its "buy" rating reiterated by equities researchers at Jefferies Group in a research report issued on Monday. They currently have a GBX 1,365 price objective on the stock.
Ashtead Group plc Given "Neutral" Rating at BNP Paribas
2015-05-17 14:35:36| Jewelry - Topix.net
's stock had its "neutral" rating reaffirmed by stock analysts at BNP Paribas in a report issued on Monday. They currently have a GBX 1,200 target price on the stock.
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