Professional
Added to YB: 2025-03-13
Pitch date: 2025-02-08
AHT.L [bullish]
Ashtead Group plc
+4.34%
current return
Author Info
No bio for this author
Company Info
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada.
Market Cap
GBP 26.6B
Pitch Price
GBP 49.24
Price Target
N/A
Dividend
1.70%
EV/EBITDA
7.39
P/E
18.61
EV/Sales
3.40
Sector
Trading Companies and Distributors
Category
N/A
Turtle Creek New Position: Ashtead Group plc
AHT.L: Ashtead Group, 2nd largest equipment rental co in N. America, 95% ops there. Moving HQ from UK to US, primary listing to NYSE. Potential S&P 500 inclusion. Parent of Sunbelt Rentals. Preferred over United Rentals after analysis. First European-listed company in portfolio.
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