Shaftesbury Capital (LON:SHC) Stock Keeps “Buy” Rating at Jefferies Financial Group

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 170 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 20.48% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Berenberg Bank increased their target price on shares of Shaftesbury Capital from GBX 151 to GBX 166 and gave the company a “buy” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Shaftesbury Capital from GBX 185 to GBX 195 and gave the company a “buy” rating in a report on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 184.20.

Shaftesbury Capital Stock Up 0.1%

Shares of LON:SHC traded up GBX 0.20 during trading on Thursday, hitting GBX 141.10. 4,526,747 shares of the company were exchanged, compared to its average volume of 18,077,186. The business’s 50 day moving average is GBX 142.54 and its 200-day moving average is GBX 138.46. The company has a market capitalization of £2.58 billion, a P/E ratio of 6.78 and a beta of 0.96. Shaftesbury Capital has a 1-year low of GBX 124.10 and a 1-year high of GBX 155.10.

Shaftesbury Capital (LON:SHC) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX 2.40 earnings per share for the quarter. Shaftesbury Capital had a return on equity of 9.48% and a net margin of 156.85%. As a group, sell-side analysts anticipate that Shaftesbury Capital will post 5.07 earnings per share for the current year.

Insider Transactions at Shaftesbury Capital

In other news, insider Rachel Kentleton bought 17,785 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were bought at an average cost of GBX 144 per share, for a total transaction of £25,610.40. Insiders own 0.66% 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.