Shaftesbury (LON:SHB) Rating Reaffirmed
In analysts note issued this morning, Liberum Capital maintained their Buy rating on Shaftesbury (LON:SHB) shares. The target price per share indicates a possible upside of 10.70% from company’s previous close.
From a total of 17 analysts covering Shaftesbury (LON:SHB) stock, 4 rate it a ”Buy”, 2 a “Sell”, and 11 a ”Hold”. This means that 24% of the ratings are positive. The highest target price is GBX 1169 while the lowest target price is GBX 855. The mean of all analyst targets is GBX 980.71 with a 4.77% above today’s (GBX 935.03) stock price. Shaftesbury was the topic of 35 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 30 with “Hold” rating. Peel Hunt maintained shares with “Hold” rating and GBX 900 target share price in a report from a November 24. Liberum Capital maintained SHB stock in a recent report from November 25 with “Buy” rating. Canaccord Genuity maintained the rating on November 24. Canaccord Genuity has a “Hold” rating and a GBX 934 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 24.
The stock increased 0.22% or GBX 2.03 on December 1, striking GBX 935.03. Approximately 819,011 shares of stock traded hands or 101.27% up from the average. Shaftesbury plc (LON:SHB) has risen 12.00% since May 4, 2015 and is uptrending. It has outperformed by 13.63% the S&P500.
Shaftesbury PLC is a United Kingdom real estate investment trust . The company has a market cap of 2.59 billion GBP. The Firm owns a real estate portfolio extending to around 14 acres in London’s West End. It has 5.59 P/E ratio. The Company’s holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom.