Shaftesbury Capital (OTCMKTS:CCPPF) Shares Down 1.3% – Should You Sell?

Shares of Shaftesbury Capital PLC (OTCMKTS:CCPPF – Get Free Report) were down 1.3% on Friday. The stock traded as low as $1.8350 and last traded at $1.8350. 2,927 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 550 shares. The stock had previously closed at $1.86.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CCPPF shares. Kepler Capital Markets raised Shaftesbury Capital from a “reduce” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley raised Shaftesbury Capital from a “market perform” rating to an “overweight” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Shaftesbury Capital currently has a consensus rating of “Moderate Buy”.

View Our Latest Report on Shaftesbury Capital

Shaftesbury Capital Price Performance

The company’s fifty day moving average is $1.82 and its 200-day moving average is $1.80.

About Shaftesbury Capital

(Get Free Report)

Shaftesbury Capital plc is a London-focused real estate company that owns, manages and develops commercial and mixed-use properties in some of the capital’s most established West End destinations. Its portfolio includes prominent areas such as Covent Garden, Soho, Chinatown, Carnaby and Fitzrovia.

The company’s properties include retail shops, restaurants, cafés, leisure venues, offices and residential accommodation. Shaftesbury Capital focuses on creating and managing vibrant urban districts, leasing space to businesses and enhancing the appeal of its destinations through redevelopment, public-realm improvements and active asset management.

The company was formed in 2023 through the merger of Capital & Counties Properties plc and Shaftesbury plc.

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