Shaftesbury plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. They currently have a GBX 740 ($12.57) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 9.79% from the company’s current price.
Shaftesbury plc (LON:SHB) opened at 674.00 on Thursday. Shaftesbury plc has a 52-week low of GBX 572.50 and a 52-week high of GBX 690.00. The stock has a 50-day moving average of GBX 659. and a 200-day moving average of GBX 654.7. The company’s market cap is £1.872 billion.
A number of other analysts have also recently weighed in on SHB. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Shaftesbury plc in a research note on Thursday, July 24th. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Thursday, July 24th. They now have a GBX 680 ($11.55) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday, July 21st. They now have a GBX 693 ($11.77) price target on the stock. One 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. The company has an average rating of “Hold” and an average price target of GBX 964.36 ($16.38).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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