Ashtead Group traded at 4,936.00 this Friday February 6th, increasing 53.00 or 1.09 percent since the previous trading session. Looking back, over the last four weeks, Ashtead gained 9.83 percent. Over the last 12 months, its price fell by 0.86 percent. Looking ahead, we forecast Ashtead Group to be priced at 4,593.73 by the end of this quarter and at 4,324.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ashtead Group PLC is a United Kingdom-based equipment rental company that is trading under the Sunbelt Rentals brand with networks in the United States, Canada and the United Kingdom. The Company rents a range of construction, industrial and general equipment across a variety of applications to a diverse customer base. The Company’s business units include Sunbelt US, Sunbelt UK and Sunbelt Canada. It operates approximately 861 stores in the United States, 77 stores in Canada and approximately 188 stores in the United Kingdom. The Company's equipment can be used to lift, power, generate, move, dig, compact, drill, support, scrub, pump, direct, heat and ventilate. It purchases a range of equipment from manufacturers and rents it on a short-term basis to a range of customers. It also sells the old equipment in the second-hand market. The Company's rental fleet ranges from small hand-held tools to a range of construction equipment.