Shaftesbury Capital PLC (LON:SHC) Receives Consensus Rating of “Moderate Buy” from Analysts

Shaftesbury Capital PLC (LON:SHC – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 185.67.

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 185 price objective on shares of Shaftesbury Capital in a research note on Friday, May 15th. Royal Bank Of Canada dropped their price objective on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a research note on Monday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 176 price objective on shares of Shaftesbury Capital in a research note on Friday, May 15th.

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Insider Activity

In other Shaftesbury Capital news, insider Jonathan Nicholls acquired 100,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of GBX 129 per share, with a total value of £129,000. 0.65% of the stock is owned by corporate insiders.

Shaftesbury Capital Stock Performance

Shares of LON:SHC traded down GBX 0.60 during midday trading on Tuesday, reaching GBX 135.90. The company’s stock had a trading volume of 37,327,207 shares, compared to its average volume of 20,010,479. The firm has a market capitalization of £2.48 billion, a price-to-earnings ratio of 7.35 and a beta of 0.97. The firm has a 50 day moving average price of GBX 133.84 and a two-hundred day moving average price of GBX 138.76. Shaftesbury Capital has a fifty-two week low of GBX 124.10 and a fifty-two week high of GBX 162.90.

About Shaftesbury Capital

(Get Free Report)

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio under management, valued at £5.4 billion, extends to 2.8 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.

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