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

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 170 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 21.08% from the stock’s current price.

A number of other research analysts have also commented on SHC. Berenberg Bank upped their price objective 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 increased their price objective on Shaftesbury Capital from GBX 185 to GBX 195 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 184.20.

Shaftesbury Capital Trading Down 0.1%

Shaftesbury Capital stock opened at GBX 140.40 on Thursday. Shaftesbury Capital has a 12 month low of GBX 124.10 and a 12 month high of GBX 155.10. The stock’s 50 day moving average is GBX 142.44 and its 200-day moving average is GBX 138.56. The company has a market capitalization of £2.57 billion, a price-to-earnings ratio of 6.75 and a beta of 0.96.

Shaftesbury Capital (LON:SHC) last announced its earnings results 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, equities research analysts predict that Shaftesbury Capital will post 5.07 earnings per share for the current fiscal year.

Insider Transactions at Shaftesbury Capital

In other Shaftesbury Capital news, insider Rachel Kentleton bought 17,785 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were purchased at an average price of GBX 144 per share, for a total transaction of £25,610.40. 0.66% of the stock is owned by corporate 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.