Shaftesbury Capital (LON:SHC) Price Target Raised to GBX 153

Shaftesbury Capital (LON:SHC) had its price target boosted by Berenberg Bank from GBX 151 to GBX 153 in a research note released on Monday morning, Marketbeat reports. Berenberg Bank currently has a hold rating on the stock.

SHC has been the subject of a number of other research reports. Jefferies Financial Group raised their price objective on Shaftesbury Capital from GBX 181 to GBX 185 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Peel Hunt restated a “buy” rating and issued a GBX 190 target price on shares of Shaftesbury Capital in a research note on Wednesday, December 3rd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 184.50.

Shaftesbury Capital Stock Performance

Shares of SHC opened at GBX 144.57 on Monday. The company has a 50-day simple moving average of GBX 141.63 and a 200-day simple moving average of GBX 144.78. Shaftesbury Capital has a 52 week low of GBX 111.60 and a 52 week high of GBX 162.90. The firm has a market capitalization of £2.63 billion, a P/E ratio of 8.31 and a beta of 1.15.

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 £5.2 billion, extends to 2.7 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.