09 Feb 2026
Ashtead Technology (AT LN) - Initiation: Phoenix from the ashes - BUY
Ashtead Technology is an offshore equipment rental and services company. The company supports the global oil and gas and renewables industries using its fleet of over 30,000 assets and offices across nine countries, and has grown quickly from integrating a series of acquisitions. The offshore energy market is forecast to continue growing quickly with record backlogs reported by key clients. We believe recent selling pressure on the stock has now dissipated, and we look for further growth, organi ....
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Ashtead Technology (AT LN) - Initiation: Phoenix from the ashes - BUY
Ashtead Technology Holdings PLC (AT:LON) | 446 102.6 5.5% | Mkt Cap: 359.8m
- Published:
09 Feb 2026 -
Author:
Daniel Slater, CFA -
Pages:
50 -
Ashtead Technology is an offshore equipment rental and services company. The company supports the global oil and gas and renewables industries using its fleet of over 30,000 assets and offices across nine countries, and has grown quickly from integrating a series of acquisitions. The offshore energy market is forecast to continue growing quickly with record backlogs reported by key clients. We believe recent selling pressure on the stock has now dissipated, and we look for further growth, organi ....