Shaftesbury (SHABF) Stock Rating Upgraded by Zacks Investment Research
Shaftesbury (OTCMKTS:SHABF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The firm currently has a $15.00 price objective on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 14.50% from the company’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) opened at $13.10 on Tuesday. Shaftesbury has a 12 month low of $11.05 and a 12 month high of $13.10.
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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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