Shaftesbury plc’s Hold Rating Reaffirmed at Jefferies Group (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a note issued to investors on Tuesday. They currently have a GBX 693 ($11.63) target price on the stock. Jefferies Group’s price target would suggest a potential upside of 2.21% from the stock’s previous close.
SHB has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday, August 4th. They now have a GBX 680 ($11.41) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Shaftesbury plc in a research note on Thursday, July 31st. They now have a GBX 740 ($12.41) 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 Thursday, July 24th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 964.36 ($16.18).
Shaftesbury plc (LON:SHB) remained flat at GBX 678.00 during during mid-day trading trading on Tuesday. The stock had a trading volume of 566,867 shares. Shaftesbury plc has a 52-week low of GBX 572.50 and a 52-week high of GBX 690.00. The stock’s 50-day moving average is GBX 663. and its 200-day moving average is GBX 656.8. The company’s market cap is £1.883 billion.
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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