Intu Properties plc common stock (INTU) Given New GBX 175 Price Target at JPMorgan Chase & Co.
Intu Properties plc common stock (LON:INTU) had its price objective trimmed by JPMorgan Chase & Co. from GBX 220 ($2.84) to GBX 175 ($2.26) in a report published on Thursday morning. The firm currently has a neutral rating on the real estate investment trust’s stock.
Other research analysts have also issued reports about the company. Berenberg Bank assumed coverage on Intu Properties plc common stock in a research report on Wednesday, August 29th. They issued a buy rating and a GBX 230 ($2.97) price objective for the company. Liberum Capital lowered Intu Properties plc common stock to a sell rating and lowered their price objective for the stock from GBX 200 ($2.58) to GBX 145 ($1.87) in a research report on Friday, July 27th. Peel Hunt reiterated a reduce rating and issued a GBX 165 ($2.13) price objective (down from GBX 180 ($2.32)) on shares of Intu Properties plc common stock in a research report on Thursday, July 26th. Numis Securities reiterated a hold rating on shares of Intu Properties plc common stock in a research report on Thursday, July 26th. Finally, Barclays lowered their price objective on Intu Properties plc common stock from GBX 180 ($2.32) to GBX 160 ($2.06) and set an underweight rating for the company in a research report on Monday, August 6th. Seven equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 189.29 ($2.44).
Shares of INTU stock traded down GBX 1.80 ($0.02) during trading hours on Thursday, reaching GBX 148.55 ($1.92). The company had a trading volume of 1,158,597 shares, compared to its average volume of 4,510,000. Intu Properties plc common stock has a 12-month low of GBX 188.90 ($2.44) and a 12-month high of GBX 291.60 ($3.76).
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 20th. Investors of record on Thursday, October 18th will be given a GBX 4.60 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 18th. This represents a yield of 2.74%.
Intu Properties plc common stock Company Profile
Intu owns and manages some of the best shopping centres, in some of the strongest locations, in the UK and Spain. Our UK portfolio is made up of 17 centres, including 10 of the top-25, and in Spain we own three of the country's top-10 centres, with advanced plans to build a fourth. We are passionate about creating compelling experiences, in centre and online, that make our customers smile and help our retailers flourish.
Featured Article: Diversification For Individual Investors
Receive News & Ratings for Intu Properties plc common stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties plc common stock and related companies with MarketBeat.com's FREE daily email newsletter.