Shaftesbury Capital (LON:SHC) Receives Buy Rating from Jefferies Financial Group

Shaftesbury Capital (LON:SHC)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 176 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 39.57% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 185 price target on shares of Shaftesbury Capital in a research note on Friday. 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. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 182.80.

Shaftesbury Capital Stock Down 2.4%

Shaftesbury Capital stock traded down GBX 3.10 during trading hours on Friday, hitting GBX 126.10. The stock had a trading volume of 5,668,088 shares, compared to its average volume of 16,727,061. The stock has a market cap of £2.30 billion, a price-to-earnings ratio of 6.82 and a beta of 0.95. The business’s 50 day simple moving average is GBX 134.21 and its 200-day simple moving average is GBX 140.31. Shaftesbury Capital has a one year low of GBX 124.10 and a one year high of GBX 162.90.

Shaftesbury Capital (LON:SHC) last issued 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%. Research analysts anticipate that Shaftesbury Capital will post 5.0712105 EPS for the current fiscal year.

Insider Activity

In other news, insider Jonathan Nicholls purchased 100,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price of GBX 129 per share, for a total transaction of £129,000. Company insiders own 0.55% of the company’s stock.

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.