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

Shares of Shaftesbury Capital PLC (LON:SHC - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 159.20 ($2.16) and last traded at GBX 157.20 ($2.14), with a volume of 8392950 shares. The stock had previously closed at GBX 157.70 ($2.14).

Wall Street Analysts Forecast Growth

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

Shaftesbury Capital Trading Up 0.4%

The stock has a market cap of £3.07 billion, a price-to-earnings ratio of 77.14 and a beta of 1.15. The stock has a fifty day simple moving average of GBX 149.43 and a 200-day simple moving average of GBX 133.14.

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.