Shaftesbury (LON:SHB)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
SHB has been the subject of several other reports. UBS Group downgraded shares of CR AGRICOLE S A/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, May 20th. Goldman Sachs Group raised shares of to a “buy” rating and set a GBX 1,180 ($15.42) price objective on the stock in a research note on Tuesday, June 4th. Morgan Stanley lifted their price objective on shares of TELUS from C$53.00 to C$55.00 in a research note on Thursday, March 14th. Liberum Capital reaffirmed a “buy” rating on shares of Aquis Exchange in a research note on Wednesday, June 5th. Finally, Numis Securities boosted their target price on shares of from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the stock a “buy” rating in a research note on Thursday, June 6th. Three analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Shaftesbury presently has a consensus rating of “Hold” and a consensus price target of GBX 892.11 ($11.66).
Shares of LON SHB traded down GBX 1 ($0.01) during mid-day trading on Tuesday, hitting GBX 811 ($10.60). The company had a trading volume of 347,440 shares, compared to its average volume of 486,936. Shaftesbury has a one year low of GBX 798 ($10.43) and a one year high of GBX 944 ($12.34). The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 31.16. The company has a market cap of $2.49 billion and a P/E ratio of 27.59. The company has a 50-day moving average price of GBX 819.68.
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.
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