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

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Financial Group in a report released on Thursday, October 15th, Digital Look reports. They currently have a GBX 170 price objective on the stock. Jefferies Financial Group‘s price objective points to a potential upside of 19.21% from the stock’s current price.

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

Shaftesbury Capital Stock Down 0.6%

Shares of LON:SHC traded down GBX 0.90 during midday trading on Thursday, reaching GBX 142.60. The company’s stock had a trading volume of 1,296,801 shares, compared to its average volume of 17,702,346. The firm has a 50 day moving average of GBX 142.08 and a 200-day moving average of GBX 138.89. Shaftesbury Capital has a 12-month low of GBX 124.10 and a 12-month high of GBX 155.10. The firm has a market capitalization of £2.61 billion, a P/E ratio of 6.86 and a beta of 0.96.

Shaftesbury Capital (LON:SHC) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX 2.40 earnings per share (EPS) for the quarter. Shaftesbury Capital had a return on equity of 9.48% and a net margin of 156.85%. On average, research analysts predict that Shaftesbury Capital will post 5.07 EPS for the current year.

Insider Activity at Shaftesbury Capital

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