Are Analysts Bearish Shaftesbury PLC (LON:SHB) After Last Week?

April 17, 2018 - By Peter Erickson

Shaftesbury PLC (LON:SHB) Logo

Shaftesbury PLC (LON:SHB) Ratings Coverage

Among 9 analysts covering Shaftesbury (LON:SHB), 0 have Buy rating, 3 Sell and 6 Hold. Therefore 0 are positive. Shaftesbury had 24 analyst reports since October 19, 2017 according to SRatingsIntel. The firm earned “Reduce” rating on Friday, February 9 by Peel Hunt. Peel Hunt maintained it with “Reduce” rating and GBX 970 target in Tuesday, November 28 report. JP Morgan maintained the shares of SHB in report on Wednesday, November 29 with “Overweight” rating. Peel Hunt maintained Shaftesbury PLC (LON:SHB) rating on Wednesday, December 20. Peel Hunt has “Reduce” rating and GBX 970 target. The stock of Shaftesbury PLC (LON:SHB) earned “Overweight” rating by JP Morgan on Tuesday, December 5. Goldman Sachs maintained the shares of SHB in report on Wednesday, March 14 with “Sell” rating. Liberum Capital maintained it with “Hold” rating and GBX 1075 target in Thursday, November 30 report. On Tuesday, December 5 the stock rating was maintained by Peel Hunt with “Reduce”. The company was maintained on Tuesday, November 28 by Liberum Capital. The company was maintained on Thursday, November 30 by Numis Securities. Below is a list of Shaftesbury PLC (LON:SHB) latest ratings and price target changes.

05/04/2018 Broker: Peel Hunt Rating: Reduce Old Target: GBX 974.00 Maintain
14/03/2018 Broker: Goldman Sachs Rating: Sell Old Target: GBX 890.00 New Target: GBX 835.00 Reiteration
13/03/2018 Broker: Morgan Stanley Rating: Underweight Old Target: GBX 880.00 New Target: GBX 970.00 Maintain
22/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 970.00 New Target: GBX 970.00 Maintain
09/02/2018 Broker: Peel Hunt Rating: Reduce Old Target: GBX 970.00 New Target: GBX 970.00 Maintain
09/02/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 1075.00 New Target: GBX 1075.00 Maintain
15/01/2018 Broker: JP Morgan Rating: Neutral Downgrade
08/01/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 1075.00 New Target: GBX 1075.00 Maintain
22/12/2017 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 925.00 New Target: GBX 965.00 Reiteration
20/12/2017 Broker: Peel Hunt Rating: Reduce Old Target: GBX 970.00 New Target: GBX 970.00 Maintain

The stock increased 0.26% or GBX 2.5 during the last trading session, reaching GBX 981.5. About 318,522 shares traded. Shaftesbury PLC (LON:SHB) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Shaftesbury PLC, a real estate investment trust, engages in the investment, ownership, and lease of properties in London, the United Kingdom. The company has market cap of 3.01 billion GBP. The firm owns and leases shops, restaurants and leisure space, offices, and residential properties. It has a 9.1 P/E ratio. The Company’s property portfolio comprises approximately 453,000 square feet of restaurants, bars, and leisure spaces; and 394,000 square feet of retail accommodation, 424,000 square feet of offices, and 345 apartments covering 233,000 square feet.

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