Shaftesbury plc (SHB) Receives “Hold” Rating from Numis Securities Ltd
Numis Securities Ltd reissued their hold rating on shares of Shaftesbury plc (LON:SHB) in a research note released on Wednesday. The brokerage currently has a GBX 974 ($12.92) price target on the real estate investment trust’s stock.
Other research analysts have also issued reports about the stock. Liberum Capital restated a hold rating and issued a GBX 1,025 ($13.60) price objective on shares of Shaftesbury plc in a research note on Monday, September 25th. Goldman Sachs Group, Inc. (The) restated a sell rating and issued a GBX 883 ($11.71) price objective on shares of Shaftesbury plc in a research note on Wednesday, September 27th. Finally, Peel Hunt restated a reduce rating and issued a GBX 875 ($11.61) price objective on shares of Shaftesbury plc in a research note on Monday, August 21st. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 938.27 ($12.45).
Shaftesbury plc (LON:SHB) traded up 0.56% during midday trading on Wednesday, reaching GBX 989.50. 436,165 shares of the company’s stock traded hands. The company’s market capitalization is GBX 2.76 billion. Shaftesbury plc has a 1-year low of GBX 861.00 and a 1-year high of GBX 1,036.00. The firm’s 50 day moving average price is GBX 1,000.07 and its 200-day moving average price is GBX 969.66.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/10/05/shaftesbury-plc-shb-receives-hold-rating-from-numis-securities-ltd.html.
Shaftesbury plc Company Profile
Shaftesbury PLC is a real estate investment trust. The Company’s objective is to deliver long-term growth in rental income, capital values and shareholder returns. It focuses on retails, restaurants, cafes and leisure. It has approximately 590 shops, restaurants, cafes and bars. Its upper floors consist of over 406,000 square feet of office space and over 560 apartments.
Receive News & Stock Ratings for Shaftesbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shaftesbury plc and related stocks with our FREE daily email newsletter.