Shaftesbury Capital (LON:SHC) Price Target Raised to GBX 210 at Citigroup

Shaftesbury Capital (LON:SHC) had its price objective raised by equities research analysts at Citigroup from GBX 208 ($2.79) to GBX 210 ($2.82) in a report released on Monday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 33.70% from the stock’s current price.

Shaftesbury Capital Stock Performance

Shares of SHC opened at GBX 157.07 ($2.11) on Monday. Shaftesbury Capital has a fifty-two week low of GBX 111.60 ($1.50) and a fifty-two week high of GBX 159.90 ($2.15). The firm has a market cap of £3.04 billion, a price-to-earnings ratio of 76.41 and a beta of 1.15. The firm has a 50 day moving average price of GBX 150 and a 200-day moving average price of GBX 133.81.

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, valued at £4.8 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.