Shaftesbury - SHB Share Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shaftesbury in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHB, but not buy additional shares or sell existing shares.
View SHB analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year target prices for Shaftesbury's shares. Their SHB share price forecasts range from GBX 537 to GBX 560. On average, they expect the company's share price to reach GBX 548.50 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for SHB or view top-rated stocks among Wall Street analysts.

Shaftesbury's stock was trading at GBX 368 at the beginning of 2023. Since then, SHB shares have increased by 14.6% and is now trading at GBX 421.60.
View the best growth stocks for 2023 here.

Shaftesbury PLC (LON:SHB) posted its quarterly earnings results on Wednesday, June, 10th. The real estate investment trust reported $8.20 EPS for the quarter, topping analysts' consensus estimates of $7.90 by $0.30. Shaftesbury had a trailing twelve-month return on equity of 4.93% and a net margin of 96.75%.

Shaftesbury announced a dividend on Monday, January 30th. Shareholders of record on Thursday, February 2nd will be paid a dividend of GBX 2.70 per share on Wednesday, February 15th. This represents a yield of 0.69%. The ex-dividend date is Thursday, February 2nd. The official announcement can be viewed at this link.
Read our dividend analysis for SHB.

Shaftesbury (LON:SHB) pays an annual dividend of GBX 13 per share and currently has a dividend yield of 3.01%. The dividend payout ratio is 3,939.39%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SHB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shaftesbury investors own include Smith & Nephew (SNN), Associated British Foods (ABF), Aviva (AV), Gem Diamonds (GEMD), The Go-Ahead Group (GOG), Hammerson (HMSO), Intu Properties (INTU), Lloyds Banking Group (LLOY), American Airlines Group (AAL) and Anglo American (AAL).

Shaftesbury trades on the London Stock Exchange (LON) under the ticker symbol "SHB."

Shares of SHB stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

One share of SHB stock can currently be purchased for approximately GBX 421.60.

Shaftesbury (LON:SHB) has a market capitalization of £1.62 billion and generates £123.10 million in revenue each year. The real estate investment trust earns £119.10 million in net income (profit) each year or GBX 0.33 on an earnings per share basis.

Shaftesbury's mailing address is 22 Ganton Street, LONDON, W1F 7FD, United Kingdom. The official website for the company is www.shaftesbury.co.uk. The real estate investment trust can be reached via phone at +44-20-73338118.