Shaftesbury’s Neutral Rating Reaffirmed at BNP Paribas (SHB)
Shaftesbury (LON:SHB)‘s stock had its “neutral” rating reiterated by stock analysts at BNP Paribas in a report issued on Friday, AnalystRatings.NET reports. They currently have a GBX 630 ($10.38) target price on the stock. BNP Paribas’ target price suggests a potential upside of 1.04% from the stock’s previous close.
Shaftesbury (LON:SHB) opened at 629.50 on Friday. 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 620.3 and a 200-day moving average of GBX 610.5. The company’s market cap is £1.588 billion.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Shaftesbury in a research note to investors on Monday. They now have a GBX 700 ($11.53) price target on the stock. Twelve investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Shaftesbury has an average rating of “Hold” and a consensus price target of GBX 655.08 ($10.79).
Shaftesbury PLC is a real estate investment trust (LON:SHB).
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