Shaftesbury plc (LON:SHB) has received an average rating of “Hold” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 923.69 ($11.94).
A number of equities analysts have issued reports on SHB shares. Citigroup Inc raised shares of Shaftesbury plc to a “buy” rating and set a GBX 1,121 ($14.49) price objective on the stock in a research note on Friday, May 12th. Barclays PLC cut shares of Shaftesbury plc to an “underweight” rating and reduced their price target for the stock from GBX 870 ($11.24) to GBX 820 ($10.60) in a research report on Wednesday, February 8th. Liberum Capital reissued a “buy” rating and set a GBX 1,000 ($12.92) price target on shares of Shaftesbury plc in a research report on Monday, March 13th. Goldman Sachs Group Inc reduced their price target on shares of Shaftesbury plc from GBX 970 ($12.53) to GBX 950 ($12.28) and set a “neutral” rating on the stock in a research report on Friday, May 12th. Finally, Jefferies Group LLC raised their price objective on shares of Shaftesbury plc from GBX 888 ($11.47) to GBX 940 ($12.15) and gave the stock a “hold” rating in a report on Wednesday, April 26th.
In other Shaftesbury plc news, insider Hilary S. Riva acquired 1,669 shares of the business’s stock in a transaction on Wednesday, March 29th. The stock was purchased at an average price of GBX 906 ($11.71) per share, with a total value of £15,121.14 ($19,538.88). Shaftesbury plc (SHB) opened at 964.00 on Tuesday. The company has a 50-day moving average price of GBX 952.54 and a 200 day moving average price of GBX 919.01. Shaftesbury plc has a 1-year low of GBX 650.00 and a 1-year high of GBX 1,008.00. The stock’s market capitalization is GBX 2.69 billion.
The firm also recently disclosed a dividend, which will be paid on Friday, July 7th. Shareholders of record on Thursday, June 15th will be issued a GBX 7.90 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, June 15th. This represents a yield of 0.82%. This is an increase from Shaftesbury plc’s previous dividend of $7.55. About Shaftesbury plc