Shaftesbury (OTCMKTS:SHABF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday. The brokerage currently has a $15.00 price objective on the stock. Zacks Investment Research‘s target price indicates a potential upside of 14.50% from the stock’s current price.

According to Zacks, “Shaftesbury plc provides property investment services. It invests and manages real estate portfolio such as retail shops, restaurants, cafes, bars, residential properties and offices. Shaftesbury plc is headquartered in London, the United Kingdom. “

Shares of Shaftesbury (OTCMKTS SHABF) remained flat at $$13.10 during trading hours on Tuesday. Shaftesbury has a fifty-two week low of $11.05 and a fifty-two week high of $13.10.

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Shaftesbury Company Profile

Shaftesbury PLC, a real estate investment trust, engages in the investment, ownership, and lease of properties in London, the United Kingdom. The company owns and leases shops, restaurants and leisure space, offices, and residential properties. Its property portfolio comprises approximately 453,000 square feet of restaurants, bars, and leisure spaces; and 394,000 square feet of retail accommodation, 424,000 square feet of offices, and 345 apartments covering 233,000 square feet.

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