Shaftesbury plc Receives Hold Rating from Liberum Capital (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “hold” rating reissued by equities researchers at Liberum Capital in a research report issued on Monday. They currently have a GBX 680 ($11.28) target price on the stock. Liberum Capital’s price target would indicate a potential downside of 1.23% from the stock’s previous close.
Shaftesbury plc (LON:SHB) traded up 0.73% on Monday, hitting GBX 690.00. 357,527 shares of the company’s stock traded hands. Shaftesbury plc has a one year low of GBX 572.50 and a one year high of GBX 698.00. The stock has a 50-day moving average of GBX 676.9 and a 200-day moving average of GBX 662.1. The company’s market cap is £1.917 billion.
A number of other analysts have also recently weighed in on SHB. 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 ($11.50) 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 ($12.28) 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 investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 992.80 ($16.48).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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