Shaftesbury Capital (LON:SHC) Given New GBX 200 Price Target at Royal Bank Of Canada

Shaftesbury Capital (LON:SHC) had its price target dropped by stock analysts at Royal Bank Of Canada from GBX 210 to GBX 200 in a research note issued to investors on Monday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 46.84% from the stock’s previous close.

SHC has been the topic of several other reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 185 price target on shares of Shaftesbury Capital in a research report on Friday, May 15th. Jefferies Financial Group reissued a “buy” rating and set a GBX 176 target price on shares of Shaftesbury Capital in a research note on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 185.67.

Shaftesbury Capital Stock Down 0.2%

LON SHC traded down GBX 0.30 on Monday, reaching GBX 136.20. 428,557 shares of the stock traded hands, compared to its average volume of 19,686,805. Shaftesbury Capital has a 12 month low of GBX 124.10 and a 12 month high of GBX 162.90. The company has a market cap of £2.48 billion, a price-to-earnings ratio of 7.36 and a beta of 0.97. The firm’s fifty day simple moving average is GBX 133.84 and its 200 day simple moving average is GBX 138.76.

Insider Activity

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 acquired at an average price of GBX 129 per share, with a total value of £129,000. 0.65% of the stock is owned by 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.