Shares of Ashtead Technology Holdings Plc (LON:AT - Get Free Report) rose 2.6% on Friday . The stock traded as high as GBX 311.50 and last traded at GBX 310. Approximately 356,316 shares were traded during mid-day trading, The stock had previously closed at GBX 302.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AT. Berenberg Bank reiterated a "buy" rating and set a GBX 700 price target on shares of Ashtead Technology in a report on Monday, September 8th. Peel Hunt reaffirmed a "buy" rating and set a GBX 725 price objective on shares of Ashtead Technology in a research report on Thursday, November 20th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Ashtead Technology presently has an average rating of "Buy" and an average price target of GBX 646.25.

Read Our Latest Report on AT

Ashtead Technology Stock Down 2.4%

The company has a market cap of £239.90 million, a price-to-earnings ratio of 9.77 and a beta of 0.28. The business has a 50-day simple moving average of GBX 325.41 and a two-hundred day simple moving average of GBX 355.74. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 70.83.

Ashtead Technology Company Profile

(Get Free Report)

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products. It also provides mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and diver tooling, intervention skids, topside support, recovery tools, ancillary deck equipment, and fabrication solutions.

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