Deutsche Bank AG Reiterates “Hold” Rating for Intu Properties PLC (INTU)
Deutsche Bank AG restated their hold rating on shares of Intu Properties PLC (LON:INTU) in a report issued on Thursday morning. They currently have a GBX 220 ($2.89) price objective on the real estate investment trust’s stock.
Several other equities analysts have also issued reports on the stock. Credit Suisse Group reaffirmed an underperform rating on shares of Intu Properties PLC in a report on Friday, July 21st. J P Morgan Chase & Co cut their price target on shares of Intu Properties PLC from GBX 310 ($4.08) to GBX 275 ($3.62) and set a neutral rating on the stock in a report on Thursday, September 14th. Liberum Capital cut their price target on shares of Intu Properties PLC from GBX 240 ($3.16) to GBX 230 ($3.03) and set a sell rating on the stock in a report on Wednesday, August 2nd. Citigroup Inc. reaffirmed a neutral rating and issued a GBX 300 ($3.95) price target on shares of Intu Properties PLC in a report on Monday, July 24th. Finally, Jefferies Group LLC reaffirmed an underperform rating and issued a GBX 229 ($3.01) price target on shares of Intu Properties PLC in a report on Friday, July 28th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 268.40 ($3.53).
Intu Properties PLC (LON INTU) traded down GBX 2.70 ($0.04) during midday trading on Thursday, reaching GBX 202.30 ($2.66). 3,250,000 shares of the company’s stock traded hands, compared to its average volume of 4,330,000. Intu Properties PLC has a fifty-two week low of GBX 202.30 ($2.66) and a fifty-two week high of GBX 298.30 ($3.92).
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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