Deutsche Bank AG Reiterates Hold Rating for Intu Properties PLC (INTU)

Intu Properties PLC (LON:INTU)‘s stock had its “hold” rating reiterated by Deutsche Bank AG in a research report issued on Friday. They presently have a GBX 220 ($2.90) target price on the real estate investment trust’s stock. Deutsche Bank AG’s price objective would suggest a potential upside of 0.82% from the stock’s current price.

Several other brokerages have also recently commented on INTU. J P Morgan Chase & Co decreased their price target on shares of Intu Properties PLC from GBX 310 ($4.09) to GBX 275 ($3.63) and set a “neutral” rating for the company in a research report on Thursday, September 14th. Numis Securities Ltd reissued a “reduce” rating and issued a GBX 240 ($3.17) price target on shares of Intu Properties PLC in a research report on Thursday, July 27th. Jefferies Group LLC reissued an “underperform” rating and issued a GBX 229 ($3.02) price target on shares of Intu Properties PLC in a research report on Friday, July 28th. Citigroup Inc. reissued a “neutral” rating and issued a GBX 300 ($3.96) price target on shares of Intu Properties PLC in a research report on Monday, July 24th. Finally, Liberum Capital raised shares of Intu Properties PLC to a “hold” rating and set a GBX 230 ($3.04) price target for the company in a research report on Thursday. Six research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 268.40 ($3.54).

Intu Properties PLC (INTU) traded down GBX 3 ($0.04) during trading on Friday, reaching GBX 218.20 ($2.88). 4,687,813 shares of the company traded hands.

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In related news, insider John Whittaker purchased 2,000 shares of Intu Properties PLC stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average cost of GBX 256 ($3.38) per share, with a total value of £5,120 ($6,756.40).

Intu Properties PLC Company Profile

intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company is primarily a shopping center-focused business and operates through two segments, including United Kingdom and Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway.

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