▲ +17.15% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Shaftesbury PLC (SHB.L) in the last 3 months. The average price target is GBX 599.22, with a high forecast of GBX 900 and a low forecast of GBX 418. The average price target represents a 17.15% upside from the last price of GBX 511.50.
The current consensus among 10 polled investment analysts is to hold stock in Shaftesbury PLC (SHB.L). This Hold consensus rating has held steady for over two years.
Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in East and West Covent Garden, Soho and Fitzrovia. Extending to 15.2 acres, the portfolio comprises 607 restaurants, cafÃ©s, pubs and shops, extending to 1.1 million sq. ft., 0.4 million sq. ft. of offices and 616 apartments. All our properties are close to the main West End Underground stations, and within ten minutes' walk of the two West End transport hubs for the Elizabeth Line, at Tottenham Court Road and Bond Street. In addition, we have a 50% interest in the Longmartin joint venture, which has a long leasehold interest, extending to 1.9 acres, in St Martin's Courtyard in Covent Garden. We have a strong balance sheet with conservative leverage.