Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Shaftesbury Capital (LON:SHC)

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday,Digital Look reports. They presently have a GBX 185 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 28.12% from the stock’s current price.

SHC has been the subject of a number of other research reports. Royal Bank Of Canada decreased their target price on shares of Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating for the company in a research report on Monday, June 15th. Jefferies Financial Group raised their price objective on Shaftesbury Capital from GBX 176 to GBX 182 and gave the company a “buy” rating in a report on Thursday. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 151 target price on shares of Shaftesbury Capital in a report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 181.60.

Shaftesbury Capital Stock Performance

LON SHC opened at GBX 144.40 on Thursday. Shaftesbury Capital has a 52 week low of GBX 124.10 and a 52 week high of GBX 162.90. The stock’s 50 day moving average price is GBX 137.42 and its two-hundred day moving average price is GBX 138.34. The stock has a market capitalization of £2.63 billion, a price-to-earnings ratio of 7.81 and a beta of 0.96.

Shaftesbury Capital (LON:SHC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 2.40 earnings per share for the quarter. Shaftesbury Capital had a net margin of 141.28% and a return on equity of 8.78%. On average, equities research analysts forecast that Shaftesbury Capital will post 5.0712105 EPS for the current year.

Insider Activity

In other Shaftesbury Capital news, insider Jonathan Nicholls purchased 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. Also, insider Rachel Kentleton acquired 17,785 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was acquired at an average cost of GBX 144 per share, with a total value of £25,610.40. Company 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.