Shaftesbury (LON:SHB) stock price target maintained at 1,100.00GBX, released a research note earlier today by JP Morgan Cazenove
- Updated: November 29, 2016
Only yesterday Shaftesbury (LON:SHB) traded -1.08% lower at 917.50GBX. The company’s 50-day moving average is 926.19GBX and its 200-day moving average is 928.66GBX. The last stock close price is down -0.93% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time period. 66,935 shares of SHB traded, down from an avg. volume of 585,413
Reporting a potential upside of 0.20%, JP Morgan Cazenove hold steady the target of Shaftesbury (LON:SHB) at 1,100.00GBX
Previously on 11/29/2016, Numis reported about Shaftesbury (LON:SHB) held steady the target price at 876.00GBX that suggested a downside of -0.05%.
Shaftesbury has P/E ratio of 7.00 with a 52 week low of 650.00GBX and a 52 week high of 1,008.00GBX and has a market cap of 0 GBX.
In addition to JP Morgan Cazenove reporting its price target, a total of 16 brokerages have issued a ratings update on Shaftesbury. The 12-month price target is 935.13GBX with three equity analysts rating the company a strong buy, two analysts rating the company a buy, ten analysts rating the stock a hold, 2 firms rating the stock a underperform, and finally zero equity analysts rating the company a sell.
Brief Synopsis About Shaftesbury (LON:SHB)
Shaftesbury PLC is a United Kingdom-based real estate investment trust (REIT). The Company owns a real estate portfolio extending to around 14 acres in London's West End. The Company's holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom. The Company's objective is to deliver long-term outperformance in growth in rental income, capital values and shareholder returns. The Company focuses on retail, restaurants and leisure in parts of the West End. Its portfolio consists of around 583 shops, restaurants, cafes and pubs, extending to approximately one million square feet. It also includes 422,000 square feet of offices and around 509 apartments for rent. In addition, the Company has interests in the Longmartin joint venture with The Mercers' Company. The Company's subsidiaries include Shaftesbury Carnaby Limited, Shaftesbury Chinatown Limited, Shaftesbury Charlotte Street Limited, Shaftesbury Soho Limited and others.
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