Shaftesbury plc (LON:SHB)‘s stock had its “reduce” rating reiterated by Peel Hunt in a report released on Tuesday. They presently have a GBX 825 ($10.23) price target on the real estate investment trust’s stock. Peel Hunt’s price objective would indicate a potential downside of 10.52% from the stock’s current price.
A number of other analysts have also recently weighed in on SHB. Goldman Sachs Group Inc. increased their price objective 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 report on Wednesday, November 2nd. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,000 ($12.41) price objective on shares of Shaftesbury plc in a report on Tuesday. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 760 ($9.43) price objective on shares of Shaftesbury plc in a report on Thursday, September 1st. Morgan Stanley reissued an “underweight” rating and set a GBX 790 ($9.80) target price on shares of Shaftesbury plc in a research note on Friday, October 21st. Finally, Jefferies Group reissued a “hold” rating and set a GBX 888 ($11.02) target price on shares of Shaftesbury plc in a research note on Thursday, October 27th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. Shaftesbury plc currently has an average rating of “Hold” and a consensus target price of GBX 936.13 ($11.61).
Shaftesbury plc (LON:SHB) opened at 922.50 on Tuesday. The company’s 50 day moving average is GBX 926.19 and its 200 day moving average is GBX 928.66. The stock’s market cap is GBX 2.57 billion. Shaftesbury plc has a 52 week low of GBX 650.00 and a 52 week high of GBX 1,008.00.