Berenberg Bank Reiterates “Hold” Rating for Shaftesbury Capital (LON:SHC)

Shaftesbury Capital (LON:SHCGet Free Report)‘s stock had its “hold” rating reaffirmed by Berenberg Bank in a report issued on Wednesday,Digital Look reports. They presently have a GBX 151 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 4.57% from the company’s current price.

Several other equities analysts also recently commented on the company. Royal Bank Of Canada lowered their price target on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a report on Monday, June 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 176 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 185 target price on shares of Shaftesbury Capital in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 180.40.

Check Out Our Latest Analysis on SHC

Shaftesbury Capital Price Performance

Shares of LON:SHC opened at GBX 144.40 on Wednesday. The stock has a market capitalization of £2.63 billion, a P/E ratio of 7.81 and a beta of 0.96. The business has a 50-day moving average of GBX 137.21 and a two-hundred day moving average of GBX 138.37. Shaftesbury Capital has a fifty-two week low of GBX 124.10 and a fifty-two week high of GBX 162.90.

Shaftesbury Capital (LON:SHCGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX 2.40 EPS for the quarter. Shaftesbury Capital had a return on equity of 8.78% and a net margin of 141.28%. As a group, research analysts expect that Shaftesbury Capital will post 5.0712105 EPS for the current fiscal year.

Insiders Place Their Bets

In other Shaftesbury Capital news, insider Jonathan Nicholls bought 100,000 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of GBX 129 per share, with a total value of £129,000. 0.65% of the stock is currently owned by insiders.

Shaftesbury Capital Company Profile

(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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Analyst Recommendations for Shaftesbury Capital (LON:SHC)

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