Stock Rating Runner: Jefferies International Reaffirms a “Hold” Rating on Shaftesbury (LON:SHB) and GBX 888.00 Target

November 30, 2016 - By Ellis Scott

Shaftesbury (LON:SHB) Rating

In a report revealed to investors and clients on today, Jefferies International maintained their “Hold” rating on Shaftesbury (LON:SHB)‘s stock. The price target would indicate a potential downside of -3.58% from firm’s previous stock close.

Shaftesbury plc (LON:SHB) Ratings Coverage

Out of 16 analysts covering Shaftesbury (LON:SHB), 3 rate it a “Buy”, 3 “Sell”, while 10 “Hold”. This means 19% are positive. GBX 1115 is the highest target while GBX 760 is the lowest. The GBX 949.13 average target is 3.22% above today’s (GBX 919.5) stock price. Shaftesbury has been the topic of 102 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Jefferies maintained Shaftesbury plc (LON:SHB) on Thursday, May 26 with “Hold” rating. The stock has “Reduce” rating given by Peel Hunt on Tuesday, November 29. Liberum Capital maintained Shaftesbury plc (LON:SHB) on Wednesday, September 30 with “Buy” rating. On Tuesday, November 24 the stock rating was maintained by Numis Securities with “Hold”. The stock of Shaftesbury plc (LON:SHB) earned “Hold” rating by Numis Securities on Tuesday, October 25. On Tuesday, November 1 the stock rating was downgraded by Liberum Capital to “Hold”. As per Friday, October 21, the company rating was maintained by Morgan Stanley. On Thursday, May 5 the stock rating was maintained by BNP Paribas with “Neutral”. The rating was maintained by JP Morgan with “Overweight” on Wednesday, November 30. The firm has “Underperform” rating by BNP Paribas given on Friday, July 8.

About 47,972 shares traded hands. Shaftesbury plc (LON:SHB) has declined 0.05% since May 3, 2016 and is downtrending. It has underperformed by 5.28% the S&P500.

Shaftesbury PLC is a United Kingdom real estate investment trust . The company has a market cap of 2.56 billion GBP. The Firm owns a real estate portfolio extending to around 14 acres in London’s West End. It has a 7 P/E ratio. The Company’s holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom.

Another recent and important Shaftesbury plc (LON:SHB) news was published by Fool.Co.Uk which published an article titled: “Should You Buy J Sainsbury plc, Shaftesbury plc & Premier Farnell plc On Friday?” on February 05, 2016.

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