Shaftesbury Capital (LON:SHC) Given New GBX 195 Price Target at Deutsche Bank Aktiengesellschaft

Shaftesbury Capital (LON:SHC) had its price objective upped by analysts at Deutsche Bank Aktiengesellschaft from GBX 185 to GBX 195 in a report issued on Wednesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 32.11% from the stock’s previous close.

SHC has been the topic of a number of other reports. Royal Bank Of Canada cut their price target on Shaftesbury Capital from GBX 210 to GBX 200 and set a “buy” rating on the stock in a report on Monday, June 15th. Berenberg Bank lifted their price objective on shares of Shaftesbury Capital from GBX 151 to GBX 166 and gave the company a “buy” rating in a research note on Monday. Finally, Jefferies Financial Group boosted their target price on shares of Shaftesbury Capital from GBX 176 to GBX 182 and gave the company a “buy” rating in a research report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 186.60.

Shaftesbury Capital Stock Up 1.8%

Shares of LON SHC opened at GBX 147.60 on Wednesday. The company has a market capitalization of £2.70 billion, a PE ratio of 7.10 and a beta of 0.96. Shaftesbury Capital has a twelve month low of GBX 124.10 and a twelve month high of GBX 155.80. The firm has a fifty day simple moving average of GBX 139.48 and a 200 day simple moving average of GBX 138.52.

Shaftesbury Capital (LON:SHC) last posted its quarterly earnings data 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, equities analysts expect that Shaftesbury Capital will post 5.0712105 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Shaftesbury Capital news, insider Rachel Kentleton purchased 17,785 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was acquired at an average price of GBX 144 per share, for a total transaction of £25,610.40. Also, insider Jonathan Nicholls acquired 100,000 shares of the stock in a transaction on Thursday, May 14th. The shares were acquired at an average price of GBX 129 per share, for a total transaction of £129,000. 0.66% of the stock is currently owned by corporate insiders.

About Shaftesbury Capital

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.