Intu Properties’ (INTU) Hold Rating Reaffirmed at Numis Securities

Intu Properties (LON:INTU)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities in a report released on Thursday. They presently have a GBX 236 ($3.20) target price on the real estate investment trust’s stock. Numis Securities’ target price would indicate a potential upside of 2.61% from the company’s previous close.

Several other research firms have also commented on INTU. Liberum Capital increased their target price on shares of Intu Properties from GBX 230 ($3.12) to GBX 265 ($3.59) and gave the company a “hold” rating in a report on Monday, January 8th. Peel Hunt lowered shares of Intu Properties to a “reduce” rating and increased their target price for the company from GBX 200 ($2.71) to GBX 225 ($3.05) in a report on Wednesday. Goldman Sachs Group reaffirmed a “neutral” rating and set a GBX 270 ($3.66) target price on shares of Intu Properties in a report on Friday, December 8th. Deutsche Bank raised shares of Intu Properties to a “hold” rating and reduced their target price for the company from GBX 230 ($3.12) to GBX 220 ($2.98) in a report on Wednesday, October 4th. Finally, Jefferies Group reaffirmed an “underperform” rating and set a GBX 195 ($2.64) target price on shares of Intu Properties in a report on Thursday. Six equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. Intu Properties presently has a consensus rating of “Hold” and an average target price of GBX 264.40 ($3.59).

Intu Properties (LON:INTU) traded down GBX 4.10 ($0.06) during mid-day trading on Thursday, hitting GBX 230 ($3.12). 4,480,189 shares of the company traded hands, compared to its average volume of 6,030,000. Intu Properties has a 52 week low of GBX 188.90 ($2.56) and a 52 week high of GBX 298.30 ($4.05). The company has a market cap of $3,170.00 and a price-to-earnings ratio of 1,352.94.

In related news, insider David Fischel bought 375 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were purchased at an average price of GBX 203 ($2.75) per share, with a total value of £761.25 ($1,032.34).

TRADEMARK VIOLATION WARNING: “Intu Properties’ (INTU) Hold Rating Reaffirmed at Numis Securities” was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.com-unik.info/2018/01/18/intu-properties-intu-hold-rating-reaffirmed-at-numis-securities.html.

Intu Properties 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.

Analyst Recommendations for Intu Properties (LON:INTU)

Receive News & Ratings for Intu Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit