Shaftesbury plc (LON:SHB) had its price target lifted by equities researchers at Goldman Sachs Group Inc. from GBX 1,061 ($13.26) to GBX 1,115 ($13.93) in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Goldman Sachs Group Inc.’s price target points to a potential upside of 20.28% from the stock’s previous close.
SHB has been the topic of a number of other reports. BNP Paribas reissued an “underperform” rating and issued a GBX 850 ($10.62) target price on shares of Shaftesbury plc in a research note on Tuesday, October 11th. HSBC increased their target price on Shaftesbury plc from GBX 821 ($10.26) to GBX 930 ($11.62) and gave the stock a “hold” rating in a research note on Friday, September 30th. Numis Securities Ltd cut their target price on Shaftesbury plc from GBX 897 ($11.21) to GBX 876 ($10.94) and set a “hold” rating on the stock in a research note on Tuesday, October 25th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,100 ($13.74) target price on shares of Shaftesbury plc in a research note on Thursday, July 21st. Finally, Morgan Stanley reissued an “underweight” rating and issued a GBX 790 ($9.87) target price on shares of Shaftesbury plc in a research note on Wednesday, August 31st. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 936.13 ($11.70).
Shaftesbury plc (LON:SHB) traded up 0.433% on Wednesday, reaching GBX 926.926. The company’s stock had a trading volume of 361,690 shares. The stock’s market cap is GBX 2.58 billion. Shaftesbury plc has a one year low of GBX 650.00 and a one year high of GBX 1,008.00. The stock has a 50-day moving average of GBX 927.41 and a 200-day moving average of GBX 928.99.