Oriel Securities Ltd Reiterates “Add” Rating for Shaftesbury plc (SHB)
Shaftesbury plc (LON:SHB) traded down 0.39% on Monday, hitting GBX 635.50. 146,062 shares of the company’s stock traded hands. Shaftesbury plc has a 1-year low of GBX 572.50 and a 1-year high of GBX 687.00. The stock has a 50-day moving average of GBX 663.8 and a 200-day moving average of GBX 644.4. The company’s market cap is £1.765 billion.
The company also recently announced a dividend, which is scheduled for Friday, July 4th. Shareholders 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 BNP Paribas reiterated a “neutral” rating on shares of Shaftesbury plc in a research note on Tuesday, June 17th. They now have a GBX 670 ($11.40) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Tuesday, June 17th. They now have a GBX 680 ($11.57) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Shaftesbury plc in a research note on Monday, June 16th. They now have a GBX 673 ($11.45) price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 957.09 ($16.29).
Shaftesbury PLC is a United Kingdome-based real estate investment trust (LON:SHB).
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