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Home / Momentum / Ashtead (AHT.L) 11-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Ashtead (AHT.L) 11-02-20

Will shares in Ashtead (AHT.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 2676p (at time of writing), .
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +48% from 12 month lows.

Latest News

27 Jan:  Berenberg reiterates its hold rating on Ashtead Group (AHT) and increased the target price to 2250p (from 2150p).

27 Jan:  Peel Hunt has downgraded its rating on Ashtead Group (AHT) to hold (from buy).

21 Jan:  Liberum Capital reiterates its buy rating on Ashtead Group (AHT) and increased the target price to 2675p (from 2616p).

20 Jan:  Morgan Stanley has upgraded its rating on Ashtead Group (AHT) up to overweight (from equal weight) and increased the target price to 3000p (from 2420p).

10 Jan:  RBC Capital Markets reiterates its outperform rating on Ashtead Group (AHT) and reduced the target price to 2600p (from 2800p).

08 Jan:  UBS reiterates its neutral rating on Ashtead Group (AHT) and increased the target price to 2400p (from 2250p).

06 Jan:  Barclays Capital reiterates its overweight rating on Ashtead Group (AHT) and increased the target price to 3195p (from 2430p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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