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.

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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.

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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.

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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.

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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.

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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.

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Ashtead sees full-year results ahead of expectations

7th Mar 2023 07:37

(Sharecast News) - Equipment rental firm Ashtead said on Tuesday that full-year results were set to be ahead of its expectations following a strong third-quarter performance, as it highlighted "robust" end markets.

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Canaccord Genuity raises target price on Ashtead Technology

16th Jan 2023 09:14

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on underwater technologies and support services group Ashtead Technology from 375.0p to 400.0p on Monday following the firm's "strong close" to 2022.

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Liberum downgrades Travis Perkins to 'hold'

14th Dec 2022 08:19

(Sharecast News) - Liberum downgraded Travis Perkins to 'hold' from 'buy' on Wednesday, as it took "a more selective stance".

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Deutsche Bank raises target price on Ashtead

8th Dec 2022 14:00

(Sharecast News) - Analysts at Deutsche Bank raised their target price on equipment rental company Ashtead from 4,000.0p to 4,460.0p on Thursday but said it was "still uncertain" on the stock.

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RBC Capital Markets raises target price on Ashtead

7th Dec 2022 09:20

(Sharecast News) - Analysts at RBC Capital Markets raised their target price on equipment rental company Ashtead from 5,150.0p to 5,450.0p on Wednesday following the group's second-quarter results.

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Ashtead sees full-year results ahead of expectations

6th Dec 2022 07:53

(Sharecast News) - Equipment rental firm Ashtead said on Tuesday that full-year results were set to be ahead of its previous expectations as it hailed a strong first-half performance.

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Greencoat UK chair Jemmett-Page to step down

24th Oct 2022 15:02

(Sharecast News) - Greencoat UK Wind said on Monday that chair Shonaid Jemmett-Page will step down at the annual meeting next year.

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Liberum upgrades Ashtead to 'buy', hikes price target

7th Oct 2022 13:21

(Sharecast News) - Liberum upgraded equipment rental firm Ashtead on Friday to 'buy' from 'hold' and hiked the price target to 4,900p from 3,800p, "as government programmes kick in".

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Ashtead Q1 revenue and profits rise

6th Sep 2022 07:08

(Sharecast News) - Equipment rental company Ashtead Group said on Tuesday that both revenue and profits had grown in the three months ended 31 July, driven by "ongoing momentum" in supportive end markets, but cautioned that increased interest costs would offset much of its outperformance.

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