Ashtead Group Shares Up 10% Through 2025, Analyst See’s Considerable Upside

Ashtead Group’s share price (LON:AHT) has gained an impressive 10.08% through the first month of 2025, adding 0.5% on the day of ratings upgrade. The stock received a reaffirmation of its “buy” rating from Berenberg Bank alongside a price target of 7,000p. This mark suggests a potential upside of more than 25% from current price action.

Several other financial institutions have also shown optimism toward Ashtead Group. JPMorgan Chase & Co. recently increased their price target for the company to 7,300 while maintaining an “overweight” rating.

Ashtead’s shares have a consensus price target just shy of 6,300. The company holds a market cap of £23.9 billion alongside a price-to-earnings ratio of 19.

WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.

Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.

5.0

Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Ashtead Group operates primarily in the equipment rental sector across the United States, United Kingdom, and Canada. Their business portfolio includes a variety of services like pumps, power generation, heating and cooling solutions, and scaffolding.