Liberum Capital reiterated their hold rating on shares of Shaftesbury (LON:SHB) in a research note released on Wednesday.

Other equities analysts have also issued research reports about the company. Peel Hunt restated a reduce rating on shares of Shaftesbury in a research note on Friday, September 28th. Numis Securities restated a hold rating and issued a GBX 1,028 ($13.43) price target on shares of Shaftesbury in a research note on Tuesday, November 27th. UBS Group restated a neutral rating on shares of Shaftesbury in a research note on Friday, November 23rd. Finally, Morgan Stanley cut their price target on Shaftesbury from GBX 920 ($12.02) to GBX 880 ($11.50) and set an underweight rating for the company in a research note on Thursday, November 29th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Shaftesbury currently has a consensus rating of Hold and a consensus target price of GBX 985.55 ($12.88).

Shares of Shaftesbury stock opened at GBX 877 ($11.46) on Wednesday. Shaftesbury has a twelve month low of GBX 894.50 ($11.69) and a twelve month high of GBX 1,055 ($13.79).

Shaftesbury (LON:SHB) last announced its quarterly earnings results on Tuesday, November 27th. The real estate investment trust reported GBX 17.10 ($0.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 17.60 ($0.23) by GBX (0.50) (($0.01)).

The company also recently disclosed a dividend, which will be paid on Friday, February 15th. Shareholders of record on Thursday, January 17th will be paid a dividend of GBX 8.50 ($0.11) per share. This is a positive change from Shaftesbury’s previous dividend of $8.30. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, January 17th.

In other Shaftesbury news, insider Brian Bickell sold 20,016 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of GBX 870 ($11.37), for a total transaction of £174,139.20 ($227,543.71).

Shaftesbury Company Profile

Shaftesbury is a Real Estate Investment Trust, which invests exclusively in the liveliest parts of London's West End. Our objective is to deliver long-term growth in rental income, capital values and shareholder returns. Focussed on restaurants, leisure and retail, our exceptional portfolio now extends to 14.9 acres, clustered mainly in Carnaby, Seven Dials and Chinatown, with substantial ownerships in east and west Covent Garden, Soho and Fitzrovia.

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Analyst Recommendations for Shaftesbury (LON:SHB)

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