Shaftesbury (LON:SHB) Rating Reaffirmed
London: In a recent report issued on Monday morning, Jefferies has decided to reaffirm their “Hold” rating on Shaftesbury (LON:SHB) shares. They now have a GBX 1000 target price per share on the firm. Jefferies’s target would indicate a potential upside of 11.17% from the company’s current stock price.
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 8.71% above today’s (GBX 898) stock price. Shaftesbury was the topic of 37 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Kempen & Co upgraded shares on December 8 to “Neutral” rating. Peel Hunt maintained shares with “Hold” rating and GBX 900 target share price in a report from a November 24. Jefferies maintained SHB stock in a recent report from November 30 with “Hold” rating. Canaccord Genuity maintained the rating on November 24. Canaccord Genuity has a “Hold” rating and a GBX 934 price target on shares. Finally, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a November 25.
Approximately 17,998 shares of stock traded hands. Shaftesbury plc (LON:SHB) has risen 1.42% since May 15, 2015 and is uptrending. It has outperformed by 5.83% the S&P500.
Shaftesbury PLC is a United Kingdom real estate investment trust . The company has a market cap of 2.50 billion GBP. The Firm owns a real estate portfolio extending to around 14 acres in London’s West End. It has 5.37 P/E ratio. The Company’s holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom.