Peel Hunt reissued their hold rating on shares of Shaftesbury (LON:SHB) in a research report released on Tuesday morning, ThisIsMoney.Co.Uk reports.
SHB has been the topic of several other reports. Morgan Stanley cut their price objective on Shaftesbury from GBX 900 ($11.76) to GBX 750 ($9.80) and set an underweight rating on the stock in a research report on Monday, September 2nd. Liberum Capital reaffirmed a hold rating on shares of Shaftesbury in a research report on Wednesday, September 25th. UBS Group reaffirmed a neutral rating and set a GBX 860 ($11.24) price objective (up from GBX 815 ($10.65)) on shares of Shaftesbury in a research report on Thursday, September 26th. Finally, Goldman Sachs Group reaffirmed a sell rating on shares of Shaftesbury in a research report on Thursday, August 8th. Three research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 864.33 ($11.29).
Shaftesbury stock opened at GBX 909.50 ($11.88) on Tuesday. The stock’s 50 day simple moving average is GBX 922.38 and its two-hundred day simple moving average is GBX 850.07. The company has a debt-to-equity ratio of 31.16, a quick ratio of 2.96 and a current ratio of 3.16. The stock has a market cap of $2.83 billion and a price-to-earnings ratio of 30.94. Shaftesbury has a fifty-two week low of GBX 734 ($9.59) and a fifty-two week high of GBX 992.50 ($12.97).
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.
Further Reading: How to calculate compound interest
Receive News & Ratings for Shaftesbury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shaftesbury and related companies with MarketBeat.com's FREE daily email newsletter.