Morgan Stanley downgraded Shaftesbury Capital (CCPPF) to Equal Weight from Overweight with an unchanged price target of 170 GBp. Shaftesbury has the best rental growth in the sector and a balance sheet to take advantage of opportunities, but the firm expects the stock to perform more in line with the sector after a strong year-to-date performance, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCPPF:
- Shaftesbury Capital Announces 2025 Interim Cash Dividend Details
- Shaftesbury Capital Announces Interim Dividend Impacting Exchangeable Bonds
- Shaftesbury Capital Reports Strong Interim Results and Growth Prospects
- Shaftesbury Capital price target raised to 210 GBp from 208 GBp at Citi
- BlackRock Increases Stake in Shaftesbury Capital