Shaftesbury plc Given Buy Rating at Cantor Fitzgerald Europe (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 700 ($11.48) target price on the stock. Cantor Fitzgerald Europe’s target price would indicate a potential upside of 8.28% from the stock’s previous close.
SHB has been the subject of a number of other recent research reports. 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 analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Shaftesbury plc presently has an average rating of “Hold” and an average target price of GBX 655.08 ($10.75).
Shares of Shaftesbury plc (LON:SHB) remained flat at GBX 647.00 during during mid-day trading trading on Thursday. 203,944 shares of the company’s stock traded hands. 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 625.8 and its 200-day moving average is GBX 609.9. The company’s market cap is £1.632 billion.
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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