Shaftesbury plc (SHB) Receives GBX 953.10 Average Target Price from Analysts
Shaftesbury plc (LON:SHB) has earned an average recommendation of “Hold” from the ten brokerages that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 953.10 ($12.58).
SHB has been the subject of a number of analyst reports. Liberum Capital lifted their price objective on shares of Shaftesbury plc from GBX 1,000 ($13.20) to GBX 1,025 ($13.53) and gave the company a “hold” rating in a research report on Tuesday, August 1st. Numis Securities Ltd reissued a “hold” rating and issued a GBX 974 ($12.85) price objective on shares of Shaftesbury plc in a research report on Wednesday, October 4th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a GBX 883 ($11.65) price objective on shares of Shaftesbury plc in a research report on Wednesday, September 27th. Finally, Peel Hunt reissued a “reduce” rating and issued a GBX 875 ($11.55) price objective on shares of Shaftesbury plc in a research report on Monday, August 21st.
Shares of Shaftesbury plc (LON SHB) traded up 0.36% during midday trading on Thursday, reaching GBX 983.00. 320,593 shares of the company were exchanged. The company’s market capitalization is GBX 2.74 billion. Shaftesbury plc has a 52-week low of GBX 861.00 and a 52-week high of GBX 1,036.00. The stock has a 50-day moving average price of GBX 1,000.92 and a 200 day moving average price of GBX 978.15.
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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.
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