Liberum Capital Reiterates Hold Rating for Shaftesbury plc (SHB)
Shaftesbury plc (LON:SHB)‘s stock had its “hold” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 680 ($11.54) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 5.75% from the company’s current price.
Shaftesbury plc (LON:SHB) opened at 642.00 on Tuesday. Shaftesbury plc has a 52 week low of GBX 572.50 and a 52 week high of GBX 687.00. The stock has a 50-day moving average of GBX 666.6 and a 200-day moving average of GBX 644.2. The company’s market cap is £1.783 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 4th. Shareholders of record on Wednesday, June 11th will be given a dividend of GBX 6.50 ($0.11) per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, June 11th.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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 assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 958 ($16.26).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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