Shaftesbury Given Buy Rating at Cantor Fitzgerald Europe (SHB)
Shaftesbury (LON:SHB)‘s stock had its “buy” rating restated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 700 ($11.48) price objective on the stock. Cantor Fitzgerald Europe’s target price would indicate a potential upside of 8.28% from the stock’s previous close.
Shares of Shaftesbury (LON:SHB) opened at 643.00 on Thursday. Shaftesbury has a one year low of GBX 566.00 and a one year high of GBX 670.00. The stock’s 50-day moving average is GBX 625.8 and its 200-day moving average is GBX 609.9. The company’s market cap is £1.622 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury in a research note on Friday, February 7th. They now have a GBX 646 ($10.60) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury in a research note on Friday, February 7th. They now have a GBX 649 ($10.65) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Shaftesbury in a research note on Friday, January 31st. They now have a GBX 630 ($10.34) price target on the stock. Twelve analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 655.08 ($10.75).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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