Shaftesbury Capital’s (SHC) Buy Rating Reaffirmed at Jefferies Financial Group

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 176 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 39.57% from the stock’s current price.

Several other brokerages also recently commented on SHC. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 185 target price on shares of Shaftesbury Capital in a research note on Friday. Berenberg Bank raised their price objective on Shaftesbury Capital from GBX 151 to GBX 153 and gave the company a “hold” rating in a research note on Monday, January 26th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Shaftesbury Capital has an average rating of “Moderate Buy” and an average price target of GBX 182.80.

Shaftesbury Capital Price Performance

Shares of Shaftesbury Capital stock traded down GBX 3.10 during trading on Friday, reaching GBX 126.10. 5,668,088 shares of the company traded hands, compared to its average volume of 16,727,061. The firm has a market capitalization of £2.30 billion, a PE ratio of 6.82 and a beta of 0.95. Shaftesbury Capital has a 1-year low of GBX 124.10 and a 1-year high of GBX 162.90. The company has a 50 day moving average price of GBX 134.21 and a 200-day moving average price of GBX 140.31.

Shaftesbury Capital (LON:SHC) last posted its quarterly earnings results on Wednesday, February 25th. The company reported GBX 4.50 EPS for the quarter. Shaftesbury Capital had a net margin of 141.28% and a return on equity of 8.78%. Equities research analysts expect that Shaftesbury Capital will post 5.0712105 earnings per share for the current year.

Insider Activity at Shaftesbury Capital

In other Shaftesbury Capital news, insider Jonathan Nicholls bought 100,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of GBX 129 per share, with a total value of £129,000. 0.55% of the stock is currently owned by insiders.

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.