Intu Properties (INTU) Rating Reiterated by Deutsche Bank
INTU has been the subject of several other reports. Morgan Stanley lowered Intu Properties to an underweight rating in a research report on Thursday, August 30th. UBS Group restated a neutral rating and set a GBX 160 ($2.08) price target (down from GBX 200 ($2.61)) on shares of Intu Properties in a research report on Wednesday, September 5th. JPMorgan Chase & Co. lowered their price target on Intu Properties from GBX 220 ($2.87) to GBX 175 ($2.28) and set a neutral rating for the company in a research report on Thursday, September 6th. Barclays lowered their price target on Intu Properties from GBX 180 ($2.34) to GBX 160 ($2.08) and set an underweight rating for the company in a research report on Monday, August 6th. Finally, Liberum Capital restated a hold rating on shares of Intu Properties in a research report on Friday, July 20th. Seven equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Intu Properties currently has a consensus rating of Hold and an average price target of GBX 188.57 ($2.46).
INTU opened at GBX 155.85 ($2.03) on Tuesday. Intu Properties has a 52 week low of GBX 188.90 ($2.46) and a 52 week high of GBX 291.60 ($3.80).
The business also recently announced a dividend, which will be paid on Tuesday, November 20th. Investors of record on Thursday, October 18th will be issued 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 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.
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