Shaftesbury plc Receives “Neutral” Rating from BNP Paribas (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “neutral” rating reiterated by equities research analysts at BNP Paribas in a research note issued to investors on Tuesday. They currently have a GBX 660 ($11.32) target price on the stock. BNP Paribas’ price objective would indicate a potential upside of 1.85% from the stock’s previous close.
Shares of Shaftesbury plc (LON:SHB) opened at 644.00 on Tuesday. Shaftesbury plc has a 52 week low of GBX 572.50 and a 52 week high of GBX 687.00. The stock’s 50-day moving average is GBX 656.9 and its 200-day moving average is GBX 648.5. The company’s market cap is £1.789 billion.
A number of other firms have also recently commented on SHB. Analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday, June 30th. They now have a GBX 680 ($11.66) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday, June 30th. They now have a GBX 673 ($11.54) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Shaftesbury plc in a research note on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. Shaftesbury plc has an average rating of “Hold” and an average price target of GBX 956.18 ($16.40).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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