Shaftesbury Capital (LON:SHC) Shares Up 1.5% - Still a Buy?

Shaftesbury Capital PLC (LON:SHC - Get Free Report)'s share price shot up 1.5% during trading on Thursday . The company traded as high as GBX 154.90 ($2.13) and last traded at GBX 154.50 ($2.12). 3,670,703 shares were traded during mid-day trading, a decline of 52% from the average session volume of 7,649,191 shares. The stock had previously closed at GBX 152.20 ($2.09).

Wall Street Analysts Forecast Growth

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

Shaftesbury Capital Stock Performance

The company has a market cap of £2.99 billion, a P/E ratio of 75.16 and a beta of 1.15. The firm's fifty day moving average is GBX 142.48 and its two-hundred day moving average is GBX 129.58.

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, 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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