Shaftesbury plc Stock Rating Reaffirmed by Jefferies Group (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Monday, Stock Ratings Network reports. They currently have a GBX 671 ($11.30) price target on the stock. Jefferies Group’s price objective would indicate a potential downside of 1.03% from the company’s current price.
Shares of Shaftesbury plc (LON:SHB) opened at 679.00 on Monday. Shaftesbury plc has a 52-week low of GBX 572.50 and a 52-week high of GBX 678.50. The stock’s 50-day moving average is GBX 660.5 and its 200-day moving average is GBX 632.4. The company’s market cap is £1.713 billion.
A number of other firms have also recently commented on SHB. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Shaftesbury plc in a research note on Friday, May 2nd. They now have a GBX 670 ($11.29) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Shaftesbury plc in a research note on Friday, April 25th. They now have a GBX 680 ($11.45) price target on the stock. Finally, analysts at Kempen & Co reiterated a “neutral” rating on shares of Shaftesbury plc in a research note on Tuesday, April 22nd. They now have a GBX 670 ($11.29) price target on the stock. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 910.54 ($15.34).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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