Shaftesbury Capital (LON:SHC) Hits New 12-Month High - Here's What Happened

Shaftesbury Capital PLC (LON:SHC - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 158.80 ($2.17) and last traded at GBX 151.40 ($2.07), with a volume of 6186421 shares changing hands. The stock had previously closed at GBX 158.10 ($2.16).

Analysts Set New Price Targets

Separately, Citigroup restated a "buy" rating on shares of Shaftesbury Capital in a research report on Tuesday, April 29th.

Shaftesbury Capital Stock Up 2.1%

The business has a 50-day simple moving average of GBX 145.09 and a 200-day simple moving average of GBX 130.43. The company has a market cap of £2.99 billion, a PE ratio of 75.21 and a beta of 1.15.

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, valued at £4.8 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.