BNP Paribas reiterated their underperform rating on shares of Shaftesbury plc (LON:SHB) in a report issued on Tuesday morning. The brokerage currently has a GBX 850 ($10.52) target price on the real estate investment trust’s stock.
Several other equities research analysts have also recently weighed in on SHB. Credit Suisse Group AG cut Shaftesbury plc to a neutral rating and boosted their price objective for the stock from GBX 945 ($11.70) to GBX 965 ($11.94) in a research note on Friday, June 17th. Liberum Capital reissued a buy rating and set a GBX 1,040 ($12.87) price objective on shares of Shaftesbury plc in a research note on Friday, June 17th. Goldman Sachs Group Inc. boosted their price objective on Shaftesbury plc from GBX 1,026 ($12.70) to GBX 1,061 ($13.13) and gave the stock a neutral rating in a research note on Wednesday, June 29th. Barclays PLC reduced their price objective on Shaftesbury plc from GBX 940 ($11.63) to GBX 870 ($10.77) and set an equal weight rating on the stock in a research note on Thursday, July 7th. Finally, Citigroup Inc. cut Shaftesbury plc to a neutral rating and set a GBX 976 ($12.08) price objective on the stock. in a research note on Monday, July 18th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. Shaftesbury plc currently has a consensus rating of Hold and an average target price of GBX 933.93 ($11.56).
Shaftesbury plc (LON:SHB) opened at 927.00 on Tuesday. The stock’s 50 day moving average price is GBX 965.39 and its 200-day moving average price is GBX 925.44. Shaftesbury plc has a 12 month low of GBX 650.00 and a 12 month high of GBX 1,008.00. The stock’s market cap is GBX 2.58 billion.