Shaftesbury Capital’s (SHC) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Shaftesbury Capital (LON:SHC) in a research note released on Thursday,Digital Look reports. The firm currently has a GBX 170 price target on the stock.

SHC has been the topic of several other reports. Berenberg Bank raised their price objective on Shaftesbury Capital from GBX 151 to GBX 166 and gave the company a “buy” rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft boosted their price objective on Shaftesbury Capital from GBX 185 to GBX 195 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat, Shaftesbury Capital presently has a consensus rating of “Buy” and an average target price of GBX 184.20.

Shaftesbury Capital Stock Up 0.5%

Shares of SHC opened at GBX 141.15 on Thursday. Shaftesbury Capital has a 52-week low of GBX 124.10 and a 52-week high of GBX 155.10. The company has a market cap of £2.58 billion, a PE ratio of 6.79 and a beta of 0.96. The business has a fifty day moving average of GBX 142.37 and a 200 day moving average of GBX 138.58.

Shaftesbury Capital (LON:SHC) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 2.40 earnings per share for the quarter. Shaftesbury Capital had a return on equity of 9.48% and a net margin of 156.85%. As a group, research analysts anticipate that Shaftesbury Capital will post 5.07 earnings per share for the current fiscal year.

Insider Activity at Shaftesbury Capital

In related news, insider Rachel Kentleton purchased 17,785 shares of Shaftesbury Capital stock in a transaction that occurred on Wednesday, July 29th. The stock was purchased at an average price of GBX 144 per share, for a total transaction of £25,610.40. 0.66% of the stock is owned by corporate 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.