Shaftesbury Capital (LON:SHC) Price Target Raised to GBX 195

Shaftesbury Capital (LON:SHC) had its price target increased by Deutsche Bank Aktiengesellschaft from GBX 185 to GBX 195 in a research report sent to investors on Wednesday, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other analysts have also recently issued reports on the stock. Berenberg Bank raised their target price on shares of Shaftesbury Capital from GBX 151 to GBX 166 and gave the stock a “buy” rating in a research note on Monday, August 10th. Jefferies Financial Group raised their price objective on shares of Shaftesbury Capital from GBX 176 to GBX 182 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada reduced their price objective on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating for the company in a report on Monday, June 15th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, Shaftesbury Capital presently has an average rating of “Buy” and an average price target of GBX 186.60.

Shaftesbury Capital Trading Down 0.1%

SHC opened at GBX 150.33 on Wednesday. The stock’s fifty day simple moving average is GBX 140.51 and its 200 day simple moving average is GBX 138.68. Shaftesbury Capital has a 1-year low of GBX 124.10 and a 1-year high of GBX 155.10. The stock has a market cap of £2.75 billion, a PE ratio of 7.23 and a beta of 0.96.

Shaftesbury Capital (LON:SHC) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 2.40 EPS for the quarter. Shaftesbury Capital had a net margin of 156.85% and a return on equity of 9.48%. Equities analysts forecast that Shaftesbury Capital will post 5.0712105 earnings per share for the current year.

Insider Buying and Selling

In other Shaftesbury Capital news, insider Rachel Kentleton purchased 17,785 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were acquired at an average cost of GBX 144 per share, with a total value of £25,610.40. Corporate insiders own 0.66% of the company’s stock.

About Shaftesbury Capital

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.