Shaftesbury Capital PLC (LON:SHC) Receives Average Rating of “Moderate Buy” from Analysts

Shaftesbury Capital PLC (LON:SHC) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One 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 brokerages that have issued a report on the stock in the last year is GBX 185.67.

SHC has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 185 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th. Royal Bank Of Canada cut their price objective on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a report on Monday, June 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 176 price objective on shares of Shaftesbury Capital in a report on Friday, May 15th.

Shaftesbury Capital Price Performance

Shares of LON:SHC opened at GBX 134.40 on Tuesday. The business’s 50-day moving average is GBX 134.01 and its 200 day moving average is GBX 138.57. The firm has a market capitalization of £2.45 billion, a P/E ratio of 7.26 and a beta of 0.97. Shaftesbury Capital has a 1 year low of GBX 124.10 and a 1 year high of GBX 162.90.

Insider Buying and Selling at Shaftesbury Capital

In other news, insider Jonathan Nicholls acquired 100,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of GBX 129 per share, with a total value of £129,000. Corporate insiders own 0.65% 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.