Shaftesbury (LON:SHB – Get Rating)‘s stock had its “underweight” rating reaffirmed by equities researchers at Barclays in a report released on Monday, MarketBeat Ratings reports. They presently have a GBX 560 ($7.00) price objective on the real estate investment trust’s stock.
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 725 ($9.06) target price on shares of Shaftesbury in a research note on Monday, February 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 635 ($7.93).
SHB stock opened at GBX 560 ($7.00) on Monday. The company has a quick ratio of 7.30, a current ratio of 8.09 and a debt-to-equity ratio of 40.14. The business’s fifty day simple moving average is GBX 593.20 and its two-hundred day simple moving average is GBX 609.01. Shaftesbury has a twelve month low of GBX 528 ($6.60) and a twelve month high of GBX 668.50 ($8.35). The firm has a market cap of £2.15 billion and a price-to-earnings ratio of -10.76.
Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in East and West Covent Garden, Soho and Fitzrovia.
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