Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Shaftesbury Capital (LON:SHC – Free Report) in a report released on Thursday morning,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 185 target price on the stock.
Several other brokerages have also recently weighed in on SHC. Berenberg Bank reiterated a “hold” rating and issued a GBX 151 price objective on shares of Shaftesbury Capital in a research note on Wednesday. Royal Bank Of Canada decreased their target price on shares of Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a research report on Monday, June 15th. Finally, Jefferies Financial Group raised their target price on shares of Shaftesbury Capital from GBX 176 to GBX 182 and gave the stock a “buy” rating in a report on Thursday. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 181.60.
Read Our Latest Analysis on SHC
Shaftesbury Capital Stock Performance
Shaftesbury Capital (LON:SHC – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 2.40 EPS for the quarter. Shaftesbury Capital had a net margin of 156.85% and a return on equity of 9.48%. On average, equities research analysts predict that Shaftesbury Capital will post 5.0712105 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Jonathan Nicholls purchased 100,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average price of GBX 129 per share, with a total value of £129,000. Also, insider Rachel Kentleton acquired 17,785 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were purchased at an average cost of GBX 144 per share, with a total value of £25,610.40. 0.65% of the stock is currently owned by company insiders.
Shaftesbury Capital Company Profile
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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