Shaftesbury Receives “Buy” Rating from Cantor Fitzgerald Europe (SHB)
Shaftesbury (LON:SHB)‘s stock had its “buy” rating reiterated by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 700 ($11.53) price objective on the stock. Cantor Fitzgerald Europe’s price target suggests a potential upside of 12.18% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury in a research note to investors on Friday. They now have a GBX 646 ($10.64) price target on the stock. Separately, analysts at Liberum Capital raised their price target on shares of Shaftesbury from GBX 636 ($10.48) to GBX 649 ($10.69) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of Shaftesbury in a research note to investors on Tuesday, January 21st. They now have a GBX 662 ($10.91) price target on the stock. Twelve analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 655.08 ($10.79).
Shares of Shaftesbury (LON:SHB) traded up 0.32% on Monday, hitting GBX 624.00. 438,954 shares of the company’s stock traded hands. 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 619.3 and a 200-day moving average of GBX 610.7. The company’s market cap is £1.574 billion.
Shaftesbury PLC is a real estate investment trust (LON:SHB).
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