Shaftesbury plc Receives Average Recommendation of “Hold” from Analysts (LON:SHB)
Shares of Shaftesbury plc (LON:SHB) have received a consensus recommendation of “Hold” from the twelve ratings firms that are presently covering the company, American Banking and Market News reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 964.36 ($16.12).
Shaftesbury plc (LON:SHB) opened at 687.00 on Thursday. Shaftesbury plc has a 52 week low of GBX 572.50 and a 52 week high of GBX 698.00. The stock’s 50-day moving average is GBX 670.5 and its 200-day moving average is GBX 659.. The company’s market cap is £1.908 billion.
Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Wednesday. They now have a GBX 680 ($11.37) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Tuesday, August 12th. They now have a GBX 693 ($11.58) price target on the stock.
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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