Peel Hunt Increases Shaftesbury Capital (LON:SHC) Price Target to GBX 190

Shaftesbury Capital (LON:SHC) had its price objective hoisted by Peel Hunt from GBX 170 ($2.27) to GBX 190 ($2.54) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Separately, Citigroup upped their price objective on Shaftesbury Capital from GBX 208 ($2.78) to GBX 210 ($2.80) and gave the company a “buy” rating in a research note on Monday.

Shaftesbury Capital Stock Up 0.6%

SHC opened at GBX 162.10 ($2.16) on Tuesday. The business has a 50 day moving average price of GBX 150.60 and a two-hundred day moving average price of GBX 134.27. The company has a market cap of £3.14 billion, a PE ratio of 78.86 and a beta of 1.15. Shaftesbury Capital has a 52 week low of GBX 111.60 ($1.49) and a 52 week high of GBX 162.40 ($2.17).

Shaftesbury Capital (LON:SHC) last posted its quarterly earnings data on Tuesday, July 29th. The company reported GBX 2.20 ($0.03) EPS for the quarter. Shaftesbury Capital had a return on equity of 1.07% and a net margin of 16.37%. As a group, sell-side analysts expect that Shaftesbury Capital will post 5.0712105 EPS for the current fiscal year.

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, 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.