Jonathan Nicholls Acquires 100,000 Shares of Shaftesbury Capital (LON:SHC) Stock

Shaftesbury Capital PLC (LON:SHC) insider Jonathan Nicholls bought 100,000 shares of Shaftesbury Capital stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of GBX 129 per share, for a total transaction of £129,000.

Shaftesbury Capital Stock Performance

Shares of LON SHC opened at GBX 127.40 on Friday. Shaftesbury Capital PLC has a fifty-two week low of GBX 124.10 and a fifty-two week high of GBX 162.90. The company has a market cap of £2.32 billion, a PE ratio of 6.89 and a beta of 0.95. The business has a 50-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 posted its quarterly earnings data 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, sell-side analysts predict that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price objective on Shaftesbury Capital from GBX 151 to GBX 153 and gave the company a “hold” rating in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 184.50.

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.