Shaftesbury (SHABF) Rating Lowered to Sell at Zacks Investment Research

Shaftesbury (OTCMKTS:SHABF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

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 opened at $12.00 on Thursday. Shaftesbury has a fifty-two week low of $12.00 and a fifty-two 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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