|Bid||950.00 x 17000|
|Ask||0.00 x 10000|
|Day's Range||988.50 - 996.50|
|52 Week Range||920.00 - 1,055.00|
|PE Ratio (TTM)||9.22|
|Earnings Date||May 22, 2018|
|Forward Dividend & Yield||0.16 (1.63%)|
|1y Target Est||989.31|
Shaftesbury owns and manages retail, office and residential properties in the prime London districts of Soho and Covent Garden. Norges Bank Investment Management (NBIM), the world's largest sovereign wealth fund and one of the largest holders of London property, increased its stake in Shaftesbury to 20.86 percent from 12.66 percent earlier.
Shaftesbury said it had received a statement from Hong Kong billionaire Samuel Tak Lee, the ultimate beneficial owner of 25.02 percent of the company's issued share capital, of his intention to oppose Resolution 16, 17 and 18. Resolution 16 relates to authorising company directors to allot shares, while special resolutions 17 and 18 are linked to authorising directors to allot shares in certain circumstances on a non pre-emptive basis. Newspapers have speculated that Lee could make a bid for Shaftesbury, as he has taken advantage of the weakness in the sterling to build up his stake in the company in the past few months.
Shaftesbury PLC (LSE:SHB) is trading with a trailing P/E of 9.2x, which is lower than the industry average of 10.9x. While this makes SHB appear like a great stock toRead More...
Shaftesbury PLC’s (LSE:SHB) most recent return on equity was a substandard 5.00% relative to its industry performance of 6.99% over the past year. SHB’s results could indicate a relatively inefficientRead More...
Shaftesbury PLC (LSE:SHB) is trading with a trailing P/E of 23x, which is lower than the industry average of 25.5x. While SHB might seem like an attractive stock to buy,Read More...
Categories: Europe Stock Alerts Yahoo FinanceClick here to see latest analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Shaftesbury Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)