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

Shaftesbury Capital PLC (LON:SHC) has earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 185.67.

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 185 target price on shares of Shaftesbury Capital in a report on Friday, May 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 176 target price on shares of Shaftesbury Capital in a report on Friday, May 15th. Finally, Royal Bank Of Canada cut their target price on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a report on Monday.

Shaftesbury Capital Stock Performance

Shares of SHC stock traded down GBX 0.60 on Tuesday, reaching GBX 135.90. The stock had a trading volume of 37,327,207 shares, compared to its average volume of 20,010,479. The stock has a market cap of £2.48 billion, a P/E ratio of 7.35 and a beta of 0.97. Shaftesbury Capital has a 1 year low of GBX 124.10 and a 1 year high of GBX 162.90. The company has a 50 day simple moving average of GBX 133.84 and a 200 day simple moving average of GBX 138.76.

Insider Buying and Selling

In related news, insider Jonathan Nicholls bought 100,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of GBX 129 per share, with a total value of £129,000. Insiders own 0.65% of the company’s stock.

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.