Shaftesbury plc (LON:SHB)‘s stock had its “hold” rating restated by investment analysts at Liberum Capital in a research report issued on Tuesday. They presently have a GBX 1,000 ($12.41) target price on the real estate investment trust’s stock. Liberum Capital’s price target indicates a potential upside of 8.46% from the stock’s current price.
SHB has been the topic of a number of other reports. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 850 ($10.54) target price on shares of Shaftesbury plc in a research report on Tuesday, October 11th. Numis Securities Ltd reduced their target price on shares of Shaftesbury plc from GBX 897 ($11.13) to GBX 876 ($10.87) and set a “hold” rating on the stock in a research report on Tuesday, October 25th. HSBC upped their target price on shares of Shaftesbury plc from GBX 821 ($10.18) to GBX 930 ($11.54) and gave the stock a “hold” rating in a research report on Friday, September 30th. Goldman Sachs Group Inc. upped their target price on shares of Shaftesbury plc from GBX 1,061 ($13.16) to GBX 1,115 ($13.83) and gave the stock a “neutral” rating in a research report on Wednesday, November 2nd. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a GBX 790 ($9.80) target price on shares of Shaftesbury plc in a research report on Wednesday, August 31st. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. Shaftesbury plc currently has a consensus rating of “Hold” and a consensus price target of GBX 936.13 ($11.61).
Shares of Shaftesbury plc (LON:SHB) opened at 930.00 on Tuesday. The firm has a 50-day moving average of GBX 926.19 and a 200 day moving average of GBX 928.66. Shaftesbury plc has a 12 month low of GBX 650.00 and a 12 month high of GBX 1,008.00. The company’s market cap is GBX 2.59 billion.