BNP Paribas Reiterates Neutral Rating for Shaftesbury plc (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “neutral” rating reiterated by BNP Paribas in a research note issued on Tuesday. They currently have a GBX 670 ($11.37) price target on the stock. BNP Paribas’ price target indicates a potential upside of 4.20% from the stock’s previous close.
Shares of Shaftesbury plc (LON:SHB) opened at 641.00 on Tuesday. Shaftesbury plc has a 1-year low of GBX 572.50 and a 1-year high of GBX 687.00. The stock’s 50-day moving average is GBX 666.6 and its 200-day moving average is GBX 644.2. The company’s market cap is £1.781 billion.
The company also recently announced a dividend, which is scheduled for Friday, July 4th. Investors of record on Wednesday, June 11th will be paid a dividend of GBX 6.50 ($0.11) per share. This represents a dividend yield of 0.99%. The ex-dividend date is Wednesday, June 11th.
A number of other firms have also recently commented on SHB. Analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Tuesday. They now have a GBX 680 ($11.54) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday. They now have a GBX 673 ($11.42) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Shaftesbury plc in a research note on Tuesday, June 3rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 957.09 ($16.25).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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