Shaftesbury Capital PLC (LON:SHC) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Shaftesbury Capital PLC (LON:SHC) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 185.67.

SHC has been the subject of several recent analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 176 price objective on shares of Shaftesbury Capital in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 185 target price on shares of Shaftesbury Capital in a research report on Friday, May 15th. Finally, Royal Bank Of Canada lowered their target price on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating for the company in a research note on Monday, June 15th.

Shaftesbury Capital Stock Performance

Shares of SHC stock opened at GBX 141.56 on Friday. Shaftesbury Capital has a fifty-two week low of GBX 124.10 and a fifty-two week high of GBX 162.90. The stock’s fifty day moving average price is GBX 135.38 and its two-hundred day moving average price is GBX 138.47. The company has a market cap of £2.58 billion, a PE ratio of 7.65 and a beta of 0.96.

Insider Activity

In related news, insider Jonathan Nicholls acquired 100,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of GBX 129 per share, for a total transaction of £129,000. 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.