Numis Securities reaffirmed their hold rating on shares of Shaftesbury (LON:SHB) in a research note published on Tuesday morning, MarketBeat reports. The brokerage currently has a GBX 1,019 ($13.65) target price on the real estate investment trust’s stock.

A number of other equities research analysts have also commented on the stock. Peel Hunt increased their price objective on shares of Shaftesbury from GBX 875 ($11.72) to GBX 970 ($12.99) and gave the stock a reduce rating in a report on Tuesday. Liberum Capital reaffirmed a hold rating and issued a GBX 1,025 ($13.73) target price on shares of Shaftesbury in a research note on Tuesday. Finally, Goldman Sachs Group reaffirmed a sell rating and issued a GBX 883 ($11.83) target price on shares of Shaftesbury in a research note on Wednesday, September 27th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 967.10 ($12.95).

Shares of Shaftesbury (LON SHB) opened at GBX 987.50 ($13.22) on Tuesday. Shaftesbury has a fifty-two week low of GBX 861 ($11.53) and a fifty-two week high of GBX 1,036 ($13.87).

Shaftesbury (LON:SHB) last issued its quarterly earnings data 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). Shaftesbury had a return on equity of 8.41% and a net margin of 186.52%. The company had revenue of £111.50 million for the quarter.

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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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