Shaftesbury (SHABF) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research lowered shares of Shaftesbury (OTCMKTS:SHABF) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.

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. “

Shares of OTCMKTS SHABF traded down $1.70 during midday trading on Thursday, reaching $12.00. 1,000 shares of the company’s stock were exchanged. Shaftesbury has a 52-week low of $12.00 and a 52-week high of $13.80.

About Shaftesbury

We invest in real estate in London's West End, a location that has many unique features which bring prosperity, resilience and opportunity to the local economy. We focus on central locations close to a renowned concentration of world-class attractions which, together with unmatched shopping and leisure choices, attract huge numbers of domestic and overseas visitors.

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