Shaftesbury’s (LON:SHB) “Hold” Rating Reiterated at Peel Hunt

Shaftesbury (LON:SHB)‘s stock had its “hold” rating restated by research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, December 3rd, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently issued reports on the company. Goldman Sachs Group reaffirmed a “sell” rating on shares of Shaftesbury in a research report on Thursday, August 8th. Liberum Capital cut their price target on Shaftesbury from GBX 1,025 ($13.48) to GBX 1,000 ($13.15) and set a “hold” rating for the company in a report on Monday, December 2nd. UBS Group reiterated a “neutral” rating on shares of Shaftesbury in a report on Wednesday, November 27th. Morgan Stanley cut their target price on shares of Shaftesbury from GBX 900 ($11.84) to GBX 750 ($9.87) and set an “underweight” rating for the company in a research note on Monday, September 2nd. Finally, Jefferies Financial Group downgraded Shaftesbury to an “underperform” rating in a research report on Wednesday, November 27th. Four analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 861.56 ($11.33).

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SHB stock opened at GBX 963 ($12.67) on Tuesday. The company has a market cap of $2.96 billion and a price-to-earnings ratio of 113.29. The company has a quick ratio of 1.86, a current ratio of 2.03 and a debt-to-equity ratio of 31.58. The business has a 50 day moving average price of GBX 938.40 and a two-hundred day moving average price of GBX 860.20. Shaftesbury has a twelve month low of GBX 734 ($9.66) and a twelve month high of GBX 992.50 ($13.06).

Shaftesbury Company Profile

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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Analyst Recommendations for Shaftesbury (LON:SHB)

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