Shaftesbury Receives “Hold” Rating from Liberum Capital (SHB)
Shaftesbury (LON:SHB)‘s stock had its “hold” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday, StockRatingsNetwork.com reports. They currently have a GBX 636 ($10.43) price target on the stock. Liberum Capital’s target price points to a potential downside of 1.17% from the company’s current price.
Shaftesbury (LON:SHB) opened at 643.50 on Friday. Shaftesbury has a one year low of GBX 546.50 and a one year high of GBX 670.00. The stock has a 50-day moving average of GBX 613.0 and a 200-day moving average of GBX 608.8. The company’s market cap is £1.624 billion.
The company also recently announced a dividend, which is scheduled for Friday, February 14th. Shareholders of record on Wednesday, January 22nd will be paid a dividend of GBX 6.25 ($0.10) per share. This represents a dividend yield of 1%. The ex-dividend date is Wednesday, January 22nd.
A number of other firms have also recently commented on SHB. Analysts at Kempen & Co reiterated a “neutral” rating on shares of Shaftesbury in a research note to investors on Wednesday. They now have a GBX 630 ($10.33) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury in a research note to investors on Wednesday, December 11th. They now have a GBX 634 ($10.40) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Shaftesbury in a research note to investors on Friday, December 6th. They now have a GBX 700 ($11.48) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 637.40 ($10.45).
Shaftesbury PLC is a real estate investment trust (LON:SHB).
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