Shaftesbury Capital’s (SHC) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Friday,London Stock Exchange reports. They currently have a GBX 185 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 46.71% from the stock’s previous close.

Separately, Berenberg Bank lifted their target price on shares of Shaftesbury Capital from GBX 151 to GBX 153 and gave the stock a “hold” rating in a report on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 182.80.

Shaftesbury Capital Stock Down 2.4%

SHC stock traded down GBX 3.10 during midday trading on Friday, reaching GBX 126.10. The stock had a trading volume of 5,668,088 shares, compared to its average volume of 16,727,061. The firm has a market cap of £2.30 billion, a price-to-earnings ratio of 6.82 and a beta of 0.95. Shaftesbury Capital has a twelve month low of GBX 124.10 and a twelve month high of GBX 162.90. The business has a fifty day simple moving average of GBX 134.21 and a two-hundred day simple moving average of GBX 140.31.

Shaftesbury Capital (LON:SHC) last issued its earnings results on Wednesday, February 25th. The company reported GBX 4.50 earnings per share (EPS) for the quarter. Shaftesbury Capital had a net margin of 141.28% and a return on equity of 8.78%. On average, equities analysts predict that Shaftesbury Capital will post 5.0712105 earnings per share for the current fiscal year.

Insider Activity at Shaftesbury Capital

In related news, insider Jonathan Nicholls purchased 100,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of GBX 129 per share, with a total value of £129,000. 0.55% 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.