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

Shaftesbury Capital PLC (LON:SHC) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 185.67.

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

Shaftesbury Capital Price Performance

Shares of SHC stock traded up GBX 0.50 during trading hours on Friday, hitting GBX 140.30. The stock had a trading volume of 1,925,960 shares, compared to its average volume of 19,771,277. The stock has a market capitalization of £2.56 billion, a price-to-earnings ratio of 7.58 and a beta of 0.96. Shaftesbury Capital has a one year low of GBX 124.10 and a one year high of GBX 162.90. The stock’s 50-day moving average price is GBX 134.62 and its two-hundred day moving average price is GBX 138.59.

Insider Buying and Selling 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 shares were purchased at an average cost of GBX 129 per share, for a total transaction of £129,000. 0.65% of the stock is currently owned by company insiders.

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 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.