Shaftesbury plc with ticker (LON:SHB) now has a potential upside of 22.0% according to Berenberg Bank.
Berenberg Bank set a target price of 654 GBX for the company, which when compared to the Shaftesbury plc share price of 510 GBX at opening today (06/07/2022) indicates a potential upside of 22.0%. Trading has ranged between 506 (52 week low) and 669 (52 week high) with an average of 468,147 shares exchanging hands daily. The market capitalisation at the time of writing is £1,960,776,745.
Shaftesbury PLC is a United Kingdom-based real estate investment trust (REIT) that invests in London’s West End. The Company focuses on central locations close to a concentration of attractions which, together with shopping and leisure choices, attract a number of domestic and overseas visitors. The Company owns and manages approximately 16 acres of c.600 buildings, which are clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in east and west Covent Garden, Soho and Fitzrovia. The Company’s properties include mixed-use buildings with hospitality, leisure and retail on the lower floors and offices and apartments on the upper floors. The Company’s portfolio consists of restaurants, cafes, pubs and shops, extending to apartments and offices in the locations of Carnaby, Chinatown, Covent Garden, Soho and Fitzrovia. Its portfolio includes approximately 322 restaurants, cafes and pubs; 291 shops; 312 office suites, and over 631 apartments.
Shaftesbury plc 22.0% potential upside indicated by Berenberg Bank
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for: