Zacks Investment Research Downgrades Ashtead Group plc (ASHTY) to Hold

Ashtead Group plc (NASDAQ:ASHTY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “Ashtead Group Plc is an equipment company which provides rental solutions primarily in United States and United Kingdom. The company’s operating segments consists of Sunbelt Rentals and A-Plant. Sunbelt Rentals provides pump and power, climate control and scaffolding services. A-Plant business operates through Eve Trakway Limited, which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services and FLG services. Ashtead Group Plc is headquartered in London, the United Kingdom. “

Shares of Ashtead Group plc (ASHTY) traded down $0.02 on Tuesday, hitting $100.19. The stock had a trading volume of 3,463 shares, compared to its average volume of 3,478. Ashtead Group plc has a 12-month low of $70.40 and a 12-month high of $105.15.

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