Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Ashtead Group plc (OTCMKTS:ASHTY - Get Rating) has earned an average recommendation of "Moderate Buy" from the nine brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $5,311.00.

Several equities analysts recently commented on the stock. OTR Global lowered shares of Ashtead Group to a "positive" rating in a research report on Wednesday, June 22nd. Barclays dropped their price objective on shares of Ashtead Group from GBX 5,940 ($71.77) to GBX 5,650 ($68.27) in a research report on Wednesday, June 15th. Royal Bank of Canada increased their price objective on shares of Ashtead Group from GBX 4,825 ($58.30) to GBX 5,150 ($62.23) in a research report on Thursday, September 8th. Finally, Morgan Stanley upped their target price on shares of Ashtead Group from GBX 4,655 ($56.25) to GBX 4,830 ($58.36) in a research note on Wednesday, September 7th.Ashtead Group Stock Performance

Shares of ASHTY stock opened at $197.58 on Friday. Ashtead Group has a one year low of $161.67 and a one year high of $349.69. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.18 and a current ratio of 1.29. The company has a 50 day moving average price of $205.46 and a 200 day moving average price of $215.89. The firm has a market capitalization of $21.77 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 0.63 and a beta of 1.85. Ashtead Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 26th. Shareholders of record on Friday, August 12th will be paid a dividend of $2.65 per share. This represents a yield of 1.4%. This is an increase from Ashtead Group's previous dividend of $0.45. The ex-dividend date of this dividend is Thursday, August 11th. Ashtead Group Company Profile (Get Rating)

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.Featured StoriesGet a free copy of the StockNews.com research report on Ashtead Group (ASHTY)Is There a Cure for What is Ailing Teladoc Stock?No One Told These 3 Stocks It’s a Down WeekWhy Medical Products Maker Repligen May Be A Potential Buy At 10%, Is Arbor Realty Trust Dividend Worth It? Investors Should Tune Into RF Industries 

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Ashtead Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ashtead Group wasn't on the list.

While Ashtead Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

ETF portfolio manager, Dave Gilreath offers a perspective on “dividend achievers” and why these deserve a role in your portfolio

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.