Shaftesbury Rating Reiterated by Jefferies Group (SHB)
Shaftesbury (LON:SHB)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Friday, StockRatingsNetwork reports. They currently have a GBX 646 ($10.60) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 3.86% from the company’s current price.
A number of other analysts have also recently weighed in on SHB. Analysts at Liberum Capital raised their price target on shares of Shaftesbury from GBX 636 ($10.44) to GBX 649 ($10.65) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Shaftesbury in a research note to investors on Tuesday. They now have a GBX 662 ($10.87) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Shaftesbury in a research note to investors on Monday. They now have a GBX 630 ($10.34) price target on the stock. One analyst has rated the stock with a sell rating and eleven have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 643.73 ($10.57).
Shaftesbury (LON:SHB) traded down 0.32% during mid-day trading on Friday, hitting GBX 622.00. The stock had a trading volume of 260,608 shares. Shaftesbury has a 52 week low of GBX 546.50 and a 52 week high of GBX 670.00. The stock has a 50-day moving average of GBX 618.4 and a 200-day moving average of GBX 611.. The company’s market cap is £1.569 billion.
Shaftesbury PLC is a real estate investment trust (LON:SHB).
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