Shaftesbury (LON:SHB)‘s stock had its “hold” rating restated by investment analysts at Peel Hunt in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently weighed in on the company. Liberum Capital reiterated a “hold” rating on shares of Shaftesbury in a research report on Wednesday, June 5th. Goldman Sachs Group reiterated a “sell” rating on shares of Shaftesbury in a research report on Thursday, August 8th. UBS Group reiterated a “neutral” rating and set a GBX 815 ($10.65) target price (down from GBX 960 ($12.54)) on shares of Shaftesbury in a research report on Friday, August 9th. Morgan Stanley decreased their target price on Shaftesbury from GBX 900 ($11.76) to GBX 750 ($9.80) and set an “underweight” rating for the company in a research report on Monday, September 2nd. Finally, Numis Securities reiterated a “hold” rating and set a GBX 909 ($11.88) target price on shares of Shaftesbury in a research report on Thursday, June 6th. Three investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Shaftesbury has a consensus rating of “Hold” and an average price target of GBX 859.33 ($11.23).
LON:SHB opened at GBX 883.50 ($11.54) on Tuesday. Shaftesbury has a twelve month low of GBX 734 ($9.59) and a twelve month high of GBX 935.50 ($12.22). The company has a market cap of $2.72 billion and a price-to-earnings ratio of 30.05. The stock has a fifty day simple moving average of GBX 802.10 and a 200-day simple moving average of GBX 839.56. The company has a current ratio of 3.16, a quick ratio of 2.96 and a debt-to-equity ratio of 31.16.
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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