Intu Properties PLC (LON:INTU) Receives Consensus Recommendation of “Sell” from Brokerages
Shares of Intu Properties PLC (LON:INTU) have received a consensus rating of “Sell” from the seventeen ratings firms that are presently covering the company. Ten equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 277.19 ($3.62).
A number of analysts have commented on INTU shares. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 250 ($3.26) price target on shares of Intu Properties PLC in a research report on Monday, September 19th. BNP Paribas reaffirmed an “underperform” rating and set a GBX 210 ($2.74) price target on shares of Intu Properties PLC in a research report on Sunday, July 10th. Liberum Capital cut shares of Intu Properties PLC to a “sell” rating and cut their price target for the company from GBX 300 ($3.92) to GBX 240 ($3.13) in a research report on Monday, July 4th. JPMorgan Chase & Co. upped their price target on shares of Intu Properties PLC from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company a “neutral” rating in a research report on Tuesday, September 6th. Finally, Jefferies Group reissued an “underperform” rating and set a GBX 229 ($2.99) price objective on shares of Intu Properties PLC in a research report on Friday, August 19th.
Shares of Intu Properties PLC (LON:INTU) opened at 283.60 on Wednesday. The company has a 50 day moving average price of GBX 300.11 and a 200-day moving average price of GBX 297.83. Intu Properties PLC has a 52-week low of GBX 254.70 and a 52-week high of GBX 355.70. The firm’s market cap is GBX 3.78 billion.
The business also recently declared a dividend, which will be paid on Tuesday, November 22nd. Stockholders of record on Thursday, October 20th will be paid a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 1.55%.
In other news, insider Fischel,David sold 37,175 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of GBX 297 ($3.88), for a total transaction of £110,409.75 ($144,119.24).
About Intu Properties PLC
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol. The Company operates through two segments: UK and Spain.
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