Rachel Kentleton Acquires 17,785 Shares of Shaftesbury Capital (LON:SHC) Stock

Shaftesbury Capital PLC (LON:SHC) insider Rachel Kentleton purchased 17,785 shares of Shaftesbury Capital stock in a transaction that occurred on Wednesday, July 29th. The shares were bought at an average price of GBX 144 per share, for a total transaction of £25,610.40.

Shaftesbury Capital Price Performance

Shares of Shaftesbury Capital stock opened at GBX 143.80 on Thursday. Shaftesbury Capital PLC has a one year low of GBX 124.10 and a one year high of GBX 162.90. The business’s 50 day simple moving average is GBX 137.42 and its two-hundred day simple moving average is GBX 138.34. The stock has a market capitalization of £2.62 billion, a P/E ratio of 7.77 and a beta of 0.96.

Shaftesbury Capital (LON:SHC) last issued its earnings results on Wednesday, July 29th. The company reported GBX 2.40 earnings per share (EPS) for the quarter. Shaftesbury Capital had a net margin of 141.28% and a return on equity of 8.78%. Sell-side analysts expect that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 185 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 151 target price on shares of Shaftesbury Capital in a research report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 176 price target on shares of Shaftesbury Capital in a research note on Friday, May 15th. Finally, Royal Bank Of Canada lowered 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. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 180.40.

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.