Intu Properties PLC (INTU) Receives Average Recommendation of “Hold” from Brokerages
Shares of Intu Properties PLC (LON:INTU) have been assigned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Eight analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 276.71 ($3.58).
INTU has been the subject of several recent research reports. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 310 ($4.02) price target on shares of Intu Properties PLC in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) raised Intu Properties PLC to a “buy” rating and set a GBX 311 ($4.03) price target for the company in a research report on Thursday, June 15th. Barclays PLC reissued an “underweight” rating and set a GBX 280 ($3.63) price target on shares of Intu Properties PLC in a research report on Tuesday, June 13th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 240 ($3.11) price objective on shares of Intu Properties PLC in a research report on Tuesday, June 6th. Finally, Numis Securities Ltd reaffirmed a “reduce” rating and issued a GBX 247 ($3.20) price objective on shares of Intu Properties PLC in a research report on Wednesday, May 3rd.
Shares of Intu Properties PLC (INTU) traded up 0.15% during trading on Tuesday, hitting GBX 267.90. 1,406,473 shares of the stock traded hands. The firm’s market cap is GBX 3.60 billion. The stock has a 50 day moving average of GBX 269.46 and a 200 day moving average of GBX 275.21. Intu Properties PLC has a 52-week low of GBX 255.80 and a 52-week high of GBX 319.40.
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In related news, insider David Fischel sold 38,741 shares of the stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of GBX 279 ($3.61), for a total value of £108,087.39 ($140,009.57). Also, insider Matthew Roberts acquired 657 shares of the firm’s stock in a transaction that occurred on Friday, April 28th. The stock was acquired at an average cost of GBX 274 ($3.55) per share, with a total value of £1,800.18 ($2,331.84). Insiders have acquired 1,003,157 shares of company stock worth $268,855,018 in the last 90 days.
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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