ASHTEAD GRP PLC/ADR (ASHTY) Downgraded to Sell at ValuEngine

ValuEngine cut shares of ASHTEAD GRP PLC/ADR (OTCMKTS:ASHTY) from a hold rating to a sell rating in a research report sent to investors on Friday, March 29th, ValuEngine reports.

Separately, Zacks Investment Research raised shares of ASHTEAD GRP PLC/ADR from a hold rating to a buy rating and set a $121.00 target price on the stock in a report on Wednesday, March 6th.

OTCMKTS:ASHTY traded up $1.59 during trading hours on Friday, hitting $113.86. 978 shares of the stock traded hands, compared to its average volume of 37,911. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.20 and a quick ratio of 1.12. ASHTEAD GRP PLC/ADR has a 1 year low of $79.77 and a 1 year high of $131.40. The company has a market capitalization of $14.01 billion, a P/E ratio of 16.92, a P/E/G ratio of 0.57 and a beta of 1.64.


Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. The company provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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