Shaftesbury plc 6.8% Potential Decrease Indicated by Goldman Sachs

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 ‘SELL’ this morning by analysts at Goldman Sachs. Shaftesbury plc are listed in the Financials sector within UK Main Market. Goldman Sachs have set a target price of 885 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.8% from the opening price of 950 GBX. Over the last 30 and 90 trading days the company share price has increased 41 points and increased 118 points respectively. The 1 year high share price is 992.5 GBX while the year low stock price is currently 734 GBX.

Shaftesbury plc has a 50 day moving average of 937.18 GBX and a 200 day moving average of 870.53. There are currently 307,417,537 shares in issue with the average daily volume traded being 387,478. Market capitalisation for LON:SHB is £2,872,815,603 GBP.

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