Shaftesbury plc 18.1% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Shaftesbury plc using EPIC/TICKER code (LON:SHB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Shaftesbury plc are listed in the Financials sector within UK Main Market. Barclays Capital have set their target price at 475 GBX on its stock. This now indicates the analyst believes there is a potential downside of -18.1% from today’s opening price of 580 GBX. Over the last 30 and 90 trading days the company share price has increased 63 points and increased 9.5 points respectively. The 52 week high for the stock is 992.5 GBX while the year low share price is currently 478.4 GBX.

Shaftesbury plc has a 50 day moving average of 612.74 GBX and the 200 Day Moving Average price is recorded at 815.19. There are currently 307,417,537 shares in issue with the average daily volume traded being 592,645. Market capitalisation for LON:SHB is £1,756,891,584 GBP.

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