JPMorgan places Ashtead on 'positive catalyst watch' ahead of CMD

25th Mar 2024 09:57

(Sharecast News) - JPMorgan Cazenove placed Ashtead on 'positive catalyst watch' on Monday ahead of its capital markets day in Atlanta on 29 April, as it expects the stock to outperform into/on the event.

Read more

Ashtead paints cautious full-year outlook after Q3 slowdown

5th Mar 2024 07:01

(Sharecast News) - Equipment rental firm Ashtead has said that full-year group revenues will expand at the low end of its guidance as a result of the previously disclosed slowdown in North America.

Read more

London close: Stocks finish higher on raft of global data

30th Jan 2024 16:00

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

Read more

JPMorgan hikes Ashtead price target, reiterates 'overweight'

30th Jan 2024 10:26

(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Ashtead on Tuesday and hiked its price target to 6,800p from 5,600p as it argued the risk/reward is now attractive.

Read more

London close: Stocks turn green after US GDP release

25th Jan 2024 15:13

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

Read more

London close: Stocks manage positive finish after mixed session

8th Jan 2024 16:38

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more

Sunday share tips: Ashtead and Sigmaroc

7th Jan 2024 13:33

(Sharecast News) - Ashtead is a "steady bet", according to The Sunday Times' Lucy Tobin, who recommends investors to buy shares in the UK-listed international equipment rental company.

Read more

London close: Stocks mixed as investors mull fresh data

5th Dec 2023 15:26

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

Read more

Ashtead delivers flat Q2 profit but says US remains 'robust'

5th Dec 2023 07:01

(Sharecast News) - Equipment hire specialist Ashtead delivered flat second quarter profits on Tuesday, but said demand in the US remained "robust".

Read more

London close: Stocks mixed ahead of Autumn Statement

20th Nov 2023 14:59

(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.

Read more

Ashtead cuts guidance after US writers' strike, mild hurricane season

20th Nov 2023 07:02

(Sharecast News) - Shares in Ashtead slumped on Monday as the industrial equipment company lowered full year revenue and profit forecasts after a quieter hurricane season and the writers' and actors' strike in the US and revealed it would take a $2bn depreciation charge.

Read more

London close: Stocks fall on back of weak services data

5th Sep 2023 15:22

(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.

Read more

Tuesday preview: Global services PMIs, Ashtead in the spotlight

4th Sep 2023 10:54

(Sharecast News) - All eyes on Tuesday would be on the Asia Pacific region.

Read more

Ashtead hails record full year amid 'robust' end markets

13th Jun 2023 07:13

(Sharecast News) - Equipment rental firm Ashtead hailed a record full-year performance on Tuesday amid "robust" end markets and a strong performance across all geographies.

Read more

Ashtead kicks off fresh $500m share buyback programme

2nd May 2023 11:09

(Sharecast News) - Equipment rental company Ashtead Group announced the launch of a new share buyback programme on Tuesday, worth up to $500m.

Read more