Shaftesbury plc 7.1% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Shaftesbury plc with EPIC/TICKER (LON:SHB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Morgan Stanley. Shaftesbury plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 610 GBX on its stock. This indicates the analyst now believes there is a potential upside of 7.1% from the opening price of 569.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 87 points and decreased 312 points respectively. The 1 year high stock price is 992.5 GBX while the 52 week low is 546 GBX.

Shaftesbury plc has a 50 day moving average of 667.85 GBX and the 200 Day Moving Average price is recorded at 846.11. There are currently 307,417,537 shares in issue with the average daily volume traded being 545,159. Market capitalisation for LON:SHB is £1,713,852,005 GBP.

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