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Shaftesbury PLC Add to portfolio

LON250:SHB, Jun 25, 06:35 UTC

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Wednesday, June 19


News

Shaftesbury (LON:SHB) Price Target Cut to GBX 714 by Analysts at Goldman Sachs Group – Tech Know Bits

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Shaftesbury (LON:SHB) had its price objective lowered by Goldman Sachs Group from GBX 742 ($9.70) to GBX 714 ($9.33) in a report released on Tuesday, June 4th, ThisIsMoney.Co.Uk reports. Liberum Capital decreased their price target on Shaftesbury from GBX 1,050 ($13.72) to GBX 1,025 ($13.39) and set a hold rating on the stock in a research note on Tuesday, May 21st. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Shaftesbury has a twelve month low of GBX 808.50 ($10.56) and a twelve month high of GBX 948 ($12.39).

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  • Business
  • Financial

Tuesday, June 11


News

Property tycoon serves legal proceedings against London landlord Shaftesbury

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Shaftesbury’s largest shareholder, Hong Kong billionaire Samuel Tak Lee, has served the Chinatown landlord with a writ for £10 million following a long-running dispute. Property tycoon Lee, a 26% shareholder, has locked horns with the firm since December 2017 when it embarked on a £265 million fundraising to boost its portfolio. Lee, who owns the sprawling neighbouring Langham Estate, claimed his Shaftesbury stake had been diluted by the move. Lee “has serious doubts regarding the ability and desire of Shaftesbury’s board to protect shareholder value going forward”, his spokesman said today.

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  • Business
  • Financial

Friday, June 07


News

Shaftesbury (SHB) Receives “Hold” Rating from Numis Securities – Mayfield Recorder

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Finally, Barclays dropped their price target on shares of Shaftesbury from GBX 940 ($12.28) to GBX 910 ($11.89) and set an equal weight rating for the company in a research report on Friday, February 15th. Four analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Shares of LON:SHB traded down GBX 5.50 ($0.07) during midday trading on Thursday, hitting GBX 827 ($10.81). Shaftesbury has a 12-month low of GBX 808.50 ($10.56) and a 12-month high of GBX 976.50 ($12.76).

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Topics:
  • Business
  • Financial

Saturday, May 18


News

Zig Zag Hill near Shaftesbury to close for upgrade

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Drivers are being warned of disruption when a commuter route near Shaftesbury closes for two weeks. Zig Zag Hill, on the B3081, is being shut for a revamp alongside the ongoing closure of the nearest parallel route, the C13 through Melbury Abbas. Dorset County Council said the hill needed deep excavation and resurfacing as its tight bends had severely deteriorated. Dorset Council said it had decided to keep the C13 closed while resurfacing Zig Zag Hill to avoid large amounts of traffic, particularly HGVs, using the narrow alternative road.

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Friday, May 03


Social Chatter

Shaftesbury PLC (LON250:SHB) social chatter is higher than usual

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Samuel Tak Lee, a 26% shareholder, prepares £10m legal action against Shaftesbury plc #CorpGov $SHB https://t.co/4evSMaxVgM

Thursday, May 02


News

Shaftesbury’s biggest shareholder threatens legal action

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Samuel Tak Lee, who has a 26% stake in the company, has written to the firm saying he could seek restitution for alleged losses of £10 million. Shaftesbury, which owns a swathe of central London retail property in the likes of Chinatown and Carnaby Street, raised money in 2017 through the placing of new shares at a 5% discount to the previous day’s closing price. “The board has also extended numerous invitations to enter a dialogue with Mr Lee, yet on each occasion he has chosen not to respond or declined the opportunity to engage directly with the company.”. The spokesman added: “As Mr Lee explained in his statements to shareholders in the lead-up to Shaftesbury’s 2018 and 2019 AGMs, his investigations indicate this capital raising was pursued for an improper purpose, including with a view to diluting his ownership interest and making any potential future takeover bid by him more difficult.

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Topics:
  • Business
  • Financial

Thursday, March 14


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Sunday, March 10


News

Shaftesbury PLC (LON:SHB) Ratings Summary as of Mar 10, 2019

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A total of 10 analysts rate Shaftesbury (LON:SHB) as follows: 0 “Buy”, 6 “Hold” and 4 “Sell”. On Monday, February 25 the stock of Shaftesbury PLC (LON:SHB) has “Sell” rating given by Goldman Sachs. 25/02/2019 Broker: Goldman Sachs Rating: Sell Old Target: GBX 748.00 New Target: GBX 742.00 Maintain15/02/2019 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 940.00 New Target: GBX 910.00 Maintain11/02/2019 Broker: UBS Rating: Neutral Old Target: GBX 1000.00 New Target: GBX 960.00 Unchanged08/02/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain25/01/2019 Broker: Citigroup Rating: Neutral Old Target: GBX 1229.00 New Target: GBX 872.00 Downgrade25/01/2019 Broker: Goldman Sachs Rating: Sell Old Target: GBX 806.00 New Target: GBX 748.00 Maintain21/01/2019 Broker: JP Morgan Rating: Neutral Old Target: GBX 1150.00 New Target: GBX 950.00 Downgrade09/01/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain19/12/2018 Broker: HSBC Rating: Reduce Old Target: GBX 856.00 New Target: GBX 789.00 Downgrade17/12/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain. The stock decreased 0.23% or GBX 2 during the last trading session, hitting GBX 882.Currently Shaftesbury PLC is after 0.00% change in last March 10, 2018.

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Topics:
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Wednesday, March 06


News

Weekly Shaftesbury PLC (LON:SHB) Ratings as of Mar 6, 2019

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“Buy” rating has 0, “Sell” are 4, while 6 are “Hold”. 20 are the (LON:SHB)’s ratings reports on Mar 6, 2019 according to StockzIntelligence Inc. On Friday, February 15 the firm has “Equal Weight” rating given by Barclays Capital. 25/02/2019 Broker: Goldman Sachs Rating: Sell Old Target: GBX 748.00 New Target: GBX 742.00 Maintain15/02/2019 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 940.00 New Target: GBX 910.00 Maintain11/02/2019 Broker: UBS Rating: Neutral Old Target: GBX 1000.00 New Target: GBX 960.00 Unchanged08/02/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain25/01/2019 Broker: Citigroup Rating: Neutral Old Target: GBX 1229.00 New Target: GBX 872.00 Downgrade25/01/2019 Broker: Goldman Sachs Rating: Sell Old Target: GBX 806.00 New Target: GBX 748.00 Maintain21/01/2019 Broker: JP Morgan Rating: Neutral Old Target: GBX 1150.00 New Target: GBX 950.00 Downgrade09/01/2019 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain19/12/2018 Broker: HSBC Rating: Reduce Old Target: GBX 856.00 New Target: GBX 789.00 Downgrade17/12/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 1050.00 Maintain. Shaftesbury PLC, a real estate investment trust, engages in the investment, ownership, and lease of properties in London, the United Kingdom.The firm is valued at 2.72 billion GBP.

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Topics:
  • Business
  • Financial

Monday, February 25


Social Chatter