Peel Hunt restated their hold rating on shares of Shaftesbury (LON:SHB) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.

SHB has been the subject of several other reports. UBS Group downgraded shares of CR AGRICOLE S A/ADR from a buy rating to a neutral rating in a report on Monday, May 20th. Liberum Capital reissued a buy rating on shares of Aquis Exchange in a report on Wednesday, June 5th. Goldman Sachs Group raised shares of to a buy rating and set a GBX 1,180 ($15.42) price target for the company in a report on Tuesday, June 4th. Numis Securities lifted their price target on shares of from GBX 532 ($6.95) to GBX 705 ($9.21) and gave the company a buy rating in a report on Thursday, June 6th. Finally, Morgan Stanley lifted their price target on shares of TELUS from C$53.00 to C$55.00 in a report on Thursday, March 14th. Three investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Shaftesbury has a consensus rating of Hold and a consensus target price of GBX 892.11 ($11.66).

LON SHB opened at GBX 808 ($10.56) on Tuesday. Shaftesbury has a 52-week low of GBX 798 ($10.43) and a 52-week high of GBX 944 ($12.34). The stock has a market capitalization of $2.48 billion and a price-to-earnings ratio of 27.48. The business’s 50-day moving average is GBX 819.23. The company has a debt-to-equity ratio of 31.16, a quick ratio of 2.96 and a current ratio of 3.16.

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Shareholders of record on Thursday, June 13th were given a GBX 8.70 ($0.11) dividend. This represents a yield of 1.03%. The ex-dividend date was Thursday, June 13th. This is a boost from Shaftesbury’s previous dividend of $8.50. Shaftesbury’s dividend payout ratio (DPR) is presently 0.58%.

About Shaftesbury

Shaftesbury is a Real Estate Investment Trust which owns a portfolio extending to 15 acres in the heart of London's West End. Shaftesbury focuses on retail, restaurants and leisure in highly popular, sought-after and prosperous locations mainly concentrated in Carnaby, Seven Dials and Chinatown but also include substantial ownership in East and West Covent Garden, Soho and Fitzrovia.

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Analyst Recommendations for Shaftesbury (LON:SHB)

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