Shaftesbury’s (SHB) “Hold” Rating Reiterated at Liberum Capital

Liberum Capital restated their hold rating on shares of Shaftesbury (LON:SHB) in a report issued on Friday, October 19th.

Other analysts have also issued reports about the stock. Peel Hunt restated a reduce rating on shares of Shaftesbury in a report on Friday, September 28th. UBS Group reiterated a neutral rating and set a GBX 1,000 ($13.07) price target (down from GBX 1,040 ($13.59)) on shares of Shaftesbury in a research note on Wednesday, September 5th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. Shaftesbury currently has an average rating of Hold and a consensus price target of GBX 993.73 ($12.98).

Shares of LON SHB traded up GBX 2.50 ($0.03) during trading on Friday, hitting GBX 928.50 ($12.13). 273,145 shares of the company were exchanged, compared to its average volume of 486,936. Shaftesbury has a 12-month low of GBX 894.50 ($11.69) and a 12-month high of GBX 1,055 ($13.79).

Shaftesbury Company Profile

Shaftesbury is a Real Estate Investment Trust, which invests exclusively in the liveliest parts of London's West End. Our objective is to deliver long-term growth in rental income, capital values and shareholder returns. Focussed on restaurants, leisure and retail, our exceptional portfolio now extends to 14.9 acres, clustered mainly in Carnaby, Seven Dials and Chinatown, with substantial ownerships in east and west Covent Garden, Soho and Fitzrovia.

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Analyst Recommendations for Shaftesbury (LON:SHB)

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