Intu Properties (INTU) Earns “Sell” Rating from Liberum Capital
Intu Properties (LON:INTU)‘s stock had its “sell” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Thursday.
Several other equities research analysts have also recently issued reports on INTU. Peel Hunt reissued a “reduce” rating and issued a GBX 165 ($2.16) target price (down from GBX 180 ($2.35)) on shares of Intu Properties in a research report on Thursday, July 26th. Numis Securities reissued a “hold” rating on shares of Intu Properties in a research report on Thursday, July 26th. Barclays decreased their target price on shares of Intu Properties from GBX 180 ($2.35) to GBX 160 ($2.09) and set an “underweight” rating on the stock in a research report on Monday, August 6th. Berenberg Bank started coverage on shares of Intu Properties in a research report on Wednesday, August 29th. They issued a “buy” rating and a GBX 230 ($3.01) target price on the stock. Finally, Morgan Stanley cut shares of Intu Properties to an “underweight” rating in a research report on Thursday, August 30th. Five investment analysts have rated the stock with a sell rating, seven have assigned 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 190.36 ($2.49).
INTU opened at GBX 193.65 ($2.53) on Thursday. Intu Properties has a 1 year low of GBX 188.90 ($2.47) and a 1 year high of GBX 291.60 ($3.81).
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.
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