Shaftesbury (LON:SHB)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a note issued to investors on Wednesday. They presently have a GBX 1,075 ($14.47) target price on the real estate investment trust’s stock. Liberum Capital’s price target points to a potential upside of 5.39% from the stock’s current price.

Several other equities analysts have also commented on the company. J P Morgan Chase & Co raised their price target on Shaftesbury from GBX 1,100 ($14.80) to GBX 1,150 ($15.48) and gave the company an “overweight” rating in a research note on Tuesday, December 5th. Numis Securities reiterated a “hold” rating and issued a GBX 1,019 ($13.71) target price on shares of Shaftesbury in a research note on Wednesday, December 6th. Goldman Sachs Group reiterated a “sell” rating and issued a GBX 883 ($11.88) target price on shares of Shaftesbury in a research note on Wednesday, September 27th. Peel Hunt lifted their target price on Shaftesbury from GBX 875 ($11.78) to GBX 970 ($13.06) and gave the company a “reduce” rating in a research note on Tuesday, November 28th. Finally, Jefferies Group reiterated a “hold” rating and issued a GBX 1,003 ($13.50) target price on shares of Shaftesbury in a research note on Wednesday, November 29th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 977.10 ($13.15).

Shaftesbury (LON:SHB) opened at GBX 1,020 ($13.73) on Wednesday. Shaftesbury has a 52-week low of GBX 861 ($11.59) and a 52-week high of GBX 1,036 ($13.94).

Shaftesbury (LON:SHB) last posted its earnings results on Tuesday, November 28th. The real estate investment trust reported GBX 16.20 ($0.22) EPS for the quarter, missing analysts’ consensus estimates of GBX 16.30 ($0.22) by GBX (0.10) ($0.00). The firm had revenue of £111.50 million for the quarter. Shaftesbury had a net margin of 351.94% and a return on equity of 15.53%.

In other Shaftesbury news, insider Jill C. Little acquired 2,997 shares of the business’s stock in a transaction dated Thursday, December 7th. The stock was acquired at an average cost of GBX 993 ($13.36) per share, for a total transaction of £29,760.21 ($40,054.12). Also, insider Simon J. Quayle sold 18,430 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of GBX 1,000 ($13.46), for a total value of £184,300 ($248,048.45).

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Shaftesbury Company Profile

Shaftesbury PLC is a real estate investment trust. The Company’s objective is to deliver long-term growth in rental income, capital values and shareholder returns. It focuses on retails, restaurants, cafes and leisure. It has approximately 590 shops, restaurants, cafes and bars. Its upper floors consist of over 406,000 square feet of office space and over 560 apartments.

Analyst Recommendations for Shaftesbury (LON:SHB)

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