Shaftesbury (LON:SHB)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.
SHB has been the topic of a number of other reports. UBS Group cut CR AGRICOLE S A/ADR from a “buy” rating to a “neutral” rating in a report on Monday, May 20th. Liberum Capital restated a “buy” rating on shares of Aquis Exchange in a report on Wednesday, June 5th. Morgan Stanley increased their target price on TELUS from C$53.00 to C$55.00 in a report on Thursday, March 14th. Goldman Sachs Group upgraded to a “buy” rating and set a GBX 1,180 ($15.42) target price on the stock in a report on Tuesday, June 4th. Finally, Numis Securities increased their target price on from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the stock a “buy” rating in a report on Thursday, June 6th. Three analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 892.11 ($11.66).
LON:SHB traded up GBX 9 ($0.12) on Tuesday, reaching GBX 817 ($10.68). 244,572 shares of the stock traded hands, compared to its average volume of 486,936. The stock has a market capitalization of $2.51 billion and a price-to-earnings ratio of 27.79. Shaftesbury has a 1-year low of GBX 798 ($10.43) and a 1-year high of GBX 937 ($12.24). The firm has a 50 day moving average of GBX 817.29. The company has a debt-to-equity ratio of 31.16, a current ratio of 3.16 and a quick ratio of 2.96.
Shaftesbury is a Real Estate Investment Trust which owns a portfolio extending to 15 acres in the heart of London's West End. Shaftesbury focuses on retail, restaurants and leisure in highly popular, sought-after and prosperous locations mainly concentrated in Carnaby, Seven Dials and Chinatown but also include substantial ownership in East and West Covent Garden, Soho and Fitzrovia.
Further Reading: Quiet Period
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