Zacks Investment Research upgraded shares of Shaftesbury (OTCMKTS:SHABF) from a hold rating to a buy rating in a research report released on Saturday morning. Zacks Investment Research currently has $15.00 target price on the stock.
According to Zacks, “Shaftesbury plc provides property investment services. It invests and manages real estate portfolio such as retail shops, restaurants, cafes, bars, residential properties and offices. Shaftesbury plc is headquartered in London, the United Kingdom. “
Shaftesbury (SHABF) opened at $13.10 on Friday. Shaftesbury has a 52 week low of $12.91 and a 52 week high of $13.10.
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Shaftesbury PLC, a real estate investment trust, engages in the investment, ownership, and lease of properties in London, the United Kingdom. The company owns and leases shops, restaurants and leisure space, offices, and residential properties. Its 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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