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.
Read moreAshtead delivers record FY performance
14th Jun 2022 07:07
(Sharecast News) - Equipment rental company Ashtead said on Tuesday that it had delivered a record full-year, with both revenue and profits up following a solid fourth-quarter showing.
Read moreRBC Capital upgrades Ashtead to 'outperform'
11th May 2022 08:17
(Sharecast News) - RBC Capital Markets upgraded Ashtead on Wednesday to 'outperform' from 'sector perform', saying it sees the equipment rental company as a structural long-term beneficiary in the fragmented North American market, with optionality around international expansion.
Read moreAshtead Q3 profits rise, FY results seen ahead of previous guidance
8th Mar 2022 07:17
(Sharecast News) - Industrial equipment rental company Ashtead said on Tuesday that third-quarter pre-tax profits had risen as a result of improved revenues throughout the period, leading the group to now expect full-year results to beat previous guidance.
Read moreAshtead lifts FY expectations after record first half
7th Dec 2021 07:31
(Sharecast News) - Equipment rental firm Ashtead lifted its expectations for the full year as it reported a record first-half performance on Tuesday, hailing momentum across the business.
Read moreAshtead says results to beat expectations after strong Q1
16th Sep 2021 07:03
(Sharecast News) - Ashtead said annual performance would beat its previous expectations as the equipment hire company reported a 53% increase in operating profit for the first quarter.
Read moreAshtead says results to beat expectations after strong Q1
16th Sep 2021 07:03
(Sharecast News) - Ashtead said annual performance would beat its previous expectations as the equipment hire company reported a 53% increase in operating profit for the first quarter.
Read moreThursday broker round-up
19th Aug 2021 14:45
(Sharecast News) - InterContinental Hotels Group: Peel Hunt upgrades from reduce to hold with 4,600.0p target price.
Read moreFriday broker round-up
25th Jun 2021 13:33
(Sharecast News) - WPP: Credit Suisse upgrades to neutral with a target price of 1,060p.
Read moreAshtead hikes dividend as it returns to growth in fourth quarter
15th Jun 2021 08:00
(Sharecast News) - Equipment rental company Ashtead reported a "strong" market outperformance in its full-year results on Tuesday, with revenue up 3% at £5.03bn.
Read moreDeutsche Bank downgrades Ashtead to 'hold'
11th Jun 2021 09:28
(Sharecast News) - Deutsche Bank downgraded its stance on shares of equipment rental firm Ashtead to 'hold' from 'buy' but lifted the price target to 5,108p from 4,750p as it argued the valuation is outstripping returns.
Read moreWednesday broker round-up
12th May 2021 13:55
(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.
Read moreJP Morgan hikes target on Ashtead, points to potential for 'sustainable out-sized growth'
12th May 2021 11:59
(Sharecast News) - Analysts at JP Morgan hiked their target price and reiterated their 'overweight' recommendation for shares of Ashtead in the wake of the equipment rental company's most recent Capital Markets Day.
Read moreTuesday broker round-up
11th May 2021 13:31
(Sharecast News) - Safestore: Liberum upgrades to buy with a target price of 1,060p.
Read moreBerenberg hikes target price on Ashtead
4th May 2021 12:51
(Sharecast News) - Analysts at Berenberg significantly raised their target price on building equipment provider Ashtead from 2,850.0p to 4,850.0p on Tuesday, citing the group's "ambitious" market share plans.
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