Shaftesbury Capital (LON:SHC) Stock Price Expected to Rise, Berenberg Bank Analyst Says
by Amy Steele · The Cerbat GemShaftesbury Capital (LON:SHC – Get Free Report) had its target price upped by research analysts at Berenberg Bank from GBX 151 to GBX 153 in a research note issued on Monday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 8.61% from the company’s current price.
Several other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Shaftesbury Capital from GBX 181 to GBX 185 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Peel Hunt reiterated a “buy” rating and issued a GBX 190 target price on shares of Shaftesbury Capital in a research note on Wednesday, December 3rd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Shaftesbury Capital has a consensus rating of “Moderate Buy” and a consensus price target of GBX 184.50.
View Our Latest Stock Analysis on SHC
Shaftesbury Capital Trading Up 0.0%
Shares of Shaftesbury Capital stock traded up GBX 0.07 on Monday, hitting GBX 140.87. 7,395,104 shares of the company traded hands, compared to its average volume of 4,490,592. The stock’s 50 day moving average price is GBX 141.55 and its 200-day moving average price is GBX 144.86. The company has a market cap of £2.57 billion, a PE ratio of 8.10 and a beta of 1.15. Shaftesbury Capital has a 52 week low of GBX 111.60 and a 52 week high of GBX 162.90.
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 £5.2 billion, extends to 2.7 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.