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Shaftesbury (LON:SHB) target price held steady at 825.00GBX, reported today by Peel Hunt

Shaftesbury (LON:SHB) had its price target hold steady to 825.00GBX by Peel Hunt in an issued report issued 11/29/2016. The updated stock price target implies a possible downside of -0.10% based on the company's most recent close.

Boasting a price of 919.25GBX, Shaftesbury (LON:SHB) traded -1.08% lower on the day. With the last close down -0.93% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Shaftesbury has recorded a 50-day average of 926.19GBX and a two hundred day average of 928.66GBX. Volume of trade was down over the average, with 66,935 shares of SHB changing hands under the typical 585,413

Performance Chart

Shaftesbury (LON:SHB)

With a total market value of 0 GBX, Shaftesbury has price-earnings ratio of 7.00 with a one year low of 650.00GBX and a one year high of 1,008.00GBX .

A total of 16 analysts have released a research note on SHB. Three analysts rating the company a strong buy, two analysts rating the company a buy, ten analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 935.13GBX.

More 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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