Shaftesbury plc Given Buy Rating at Cantor Fitzgerald Europe (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “buy” rating reaffirmed by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 700 ($11.48) price target on the stock. Cantor Fitzgerald Europe’s price objective points to a potential upside of 8.19% from the company’s current price.
Shaftesbury plc (LON:SHB) remained flat at GBX 647.00 during trading on Thursday. The stock had a trading volume of 236,273 shares. Shaftesbury plc has a 1-year low of GBX 566.00 and a 1-year high of GBX 670.00. The stock’s 50-day moving average is GBX 626.9 and its 200-day moving average is GBX 610.1. The company’s market cap is £1.632 billion.
A number of other firms have also recently commented on SHB. Analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc 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 plc 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 plc in a research note on Friday, January 31st. They now have a GBX 630 ($10.34) 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 company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 655.08 ($10.75).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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