Liberum Capital reiterated their buy rating on shares of Shaftesbury plc (LON:SHB) in a research note published on Thursday morning. The firm currently has a GBX 1,000 ($13.05) price objective on the real estate investment trust’s stock.
SHB has been the topic of a number of other research reports. Jefferies Group reissued a hold rating and issued a GBX 888 ($11.59) target price on shares of Shaftesbury plc in a research report on Monday, August 8th. Goldman Sachs Group Inc. boosted their target price on Shaftesbury plc from GBX 1,026 ($13.39) to GBX 1,061 ($13.85) and gave the company a neutral rating in a research report on Wednesday, June 29th. BNP Paribas reissued a neutral rating and issued a GBX 900 ($11.75) target price on shares of Shaftesbury plc in a research report on Monday, July 4th. Numis Securities Ltd cut their target price on Shaftesbury plc from GBX 946 ($12.35) to GBX 897 ($11.71) and set a hold rating on the stock in a research report on Tuesday, August 16th. Finally, JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 1,100 ($14.36) target price on shares of Shaftesbury plc in a research report on Thursday, July 21st. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 927.93 ($12.11).
Shares of Shaftesbury plc (LON:SHB) opened at 971.00 on Thursday. The stock’s market capitalization is GBX 2.70 billion. The firm’s 50-day moving average price is GBX 960.86 and its 200-day moving average price is GBX 921.23. Shaftesbury plc has a 12 month low of GBX 650.00 and a 12 month high of GBX 995.50.
About Shaftesbury plc
Shaftesbury PLC is a United Kingdom-based real estate investment trust (REIT). The Company owns a real estate portfolio extending to around 14 acres in London’s West End. The Company’s holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom. The Company’s objective is to deliver long-term outperformance in growth in rental income, capital values and shareholder returns.
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