Jonathan Nicholls Buys 100,000 Shares of Shaftesbury Capital (LON:SHC) Stock

Shaftesbury Capital PLC (LON:SHC) insider Jonathan Nicholls purchased 100,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of GBX 129 per share, with a total value of £129,000.

Shaftesbury Capital Trading Down 1.4%

Shaftesbury Capital stock opened at GBX 127.40 on Friday. The firm has a market cap of £2.32 billion, a PE ratio of 6.89 and a beta of 0.95. Shaftesbury Capital PLC has a 12 month low of GBX 124.10 and a 12 month high of GBX 162.90. The stock’s 50 day simple moving average is GBX 134.21 and its two-hundred day simple moving average is GBX 140.31.

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

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their target price on shares of Shaftesbury Capital from GBX 151 to GBX 153 and gave the stock a “hold” rating in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Shaftesbury Capital has an average rating of “Moderate Buy” and an average price target of GBX 184.50.

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.