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Ashtead ( (GB:AHT) ) has issued an update.
Ashtead Group plc announced a series of transactions involving its Chief Executive, Brendan Horgan, under the company’s Long Term Incentive Plan. The transactions included the grant of Performance Stock Units and Restricted Share Units, as well as the vesting and sale of shares to cover tax obligations. These transactions, conducted on the London Stock Exchange, reflect the company’s ongoing commitment to aligning executive compensation with long-term performance goals.
The most recent analyst rating on (GB:AHT) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on Ashtead stock, see the GB:AHT Stock Forecast page.
Spark’s Take on GB:AHT Stock
According to Spark, TipRanks’ AI Analyst, GB:AHT is a Outperform.
Ashtead Group shows solid financial health with strong profitability and cash flow management. The company’s strategic investments and share buyback program further bolster its market position. Despite some challenges in revenue growth and specific market segments, the overall outlook is positive.
To see Spark’s full report on GB:AHT stock, click here.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, primarily offering rental solutions for construction, industrial, and general tools. The company focuses on serving markets in the UK, the US, and Canada.
Average Trading Volume: 961,792
Technical Sentiment Signal: Hold
Current Market Cap: £20.23B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.