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Shaftesbury Capital (LON:SHC) Reaches New 12-Month High - Still a Buy?

Shaftesbury Capital logo with Real Estate background

Shaftesbury Capital PLC (LON:SHC - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 157.30 ($2.16) and last traded at GBX 156 ($2.14), with a volume of 3463667 shares changing hands. The stock had previously closed at GBX 154.50 ($2.12).

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on SHC

Shaftesbury Capital Price Performance

The stock has a market capitalization of £3.03 billion, a PE ratio of 76.18 and a beta of 1.15. The company's 50 day moving average price is GBX 142.48 and its two-hundred day moving average price is GBX 129.58.

About Shaftesbury Capital

(Get Free Report)

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.

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