Analysts Set Shaftesbury Capital PLC (LON:SHC) Price Target at GBX 185.67

Shares of Shaftesbury Capital PLC (LON:SHC) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 185.67.

A number of brokerages have weighed in on SHC. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 185 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 176 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th. Finally, Royal Bank Of Canada reduced their price target on shares of Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating for the company in a research report on Monday, June 15th.

Insider Activity

In related news, insider Jonathan Nicholls purchased 100,000 shares of Shaftesbury Capital stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of GBX 129 per share, for a total transaction of £129,000. Insiders own 0.65% of the company’s stock.

Shaftesbury Capital Trading Down 1.0%

Shares of SHC opened at GBX 133.30 on Tuesday. Shaftesbury Capital has a twelve month low of GBX 124.10 and a twelve month high of GBX 162.90. The stock’s 50 day moving average is GBX 133.94 and its two-hundred day moving average is GBX 138.48. The firm has a market capitalization of £2.43 billion, a PE ratio of 7.21 and a beta of 0.97.

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.