Stifel upgraded Shaftesbury Capital (CCPPF) to Buy from Hold with a price target of 165 GBp, up from 130 GBp. The investment in Covent Garden, completed yesterday, improves the outlook for Shaftesbury, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCPPF:
- Shaftesbury Capital Director Increases Shareholding
- Shaftesbury Capital Forms Strategic Partnership with Norges Bank
- Shaftesbury Capital’s Richard Akers to Lead Ibstock plc
- Shaftesbury Capital upgraded to Overweight from Equal Weight at Morgan Stanley
- Shaftesbury Capital in Talks for Covent Garden Partnership