Liberum Capital reaffirmed their hold rating on shares of Shaftesbury plc (LON:SHB) in a research note issued to investors on Tuesday morning. Liberum Capital currently has a GBX 1,000 ($12.41) price target on the real estate investment trust’s stock.

Several other equities research analysts have also issued reports on the stock. Goldman Sachs Group Inc. lifted their price target on shares of Shaftesbury plc from GBX 1,061 ($13.16) to GBX 1,115 ($13.83) and gave the company a neutral rating in a report on Wednesday, November 2nd. Jefferies Group reaffirmed a hold rating and set a GBX 888 ($11.02) price target on shares of Shaftesbury plc in a report on Thursday, October 27th. Numis Securities Ltd decreased their price target on shares of Shaftesbury plc from GBX 897 ($11.13) to GBX 876 ($10.87) and set a hold rating on the stock in a report on Tuesday, October 25th. Morgan Stanley reaffirmed an underweight rating and set a GBX 790 ($9.80) price target on shares of Shaftesbury plc in a report on Friday, October 21st. Finally, BNP Paribas reaffirmed an underperform rating and set a GBX 850 ($10.54) price target on shares of Shaftesbury plc in a report on Tuesday, October 11th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 941.47 ($11.68).

Analyst Recommendations for Shaftesbury plc (LON:SHB)

Shares of Shaftesbury plc (LON:SHB) opened at 919.00 on Tuesday. The firm has a 50-day moving average of GBX 926.19 and a 200 day moving average of GBX 928.66. The firm’s market capitalization is GBX 2.56 billion. Shaftesbury plc has a 12-month low of GBX 650.00 and a 12-month high of GBX 1,008.00.

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The business also recently announced a dividend, which will be paid on Friday, February 17th. Investors of record on Thursday, January 19th will be given a dividend of GBX 7.55 ($0.09) per share. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, January 19th. This is an increase from Shaftesbury plc’s previous dividend of $7.15.

In related news, insider Jonathan Nicholls bought 850 shares of the company’s stock in a transaction that occurred on Tuesday, November 29th. The shares were bought at an average price of GBX 912 ($11.31) per share, for a total transaction of £7,752 ($9,616.67).

Shaftesbury plc Company Profile

Shaftesbury PLC is a United Kingdom-based real estate investment trust (REIT). The Company owns a real estate portfolio extending to around 14 acres in London’s West End. The Company’s holdings are in Carnaby, Covent Garden, Chinatown, Soho and Charlotte Street, the United Kingdom. The Company’s objective is to deliver long-term outperformance in growth in rental income, capital values and shareholder returns.

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