Intu Properties (INTU) Receives “Hold” Rating from Liberum Capital
Intu Properties (LON:INTU)‘s stock had its “hold” rating reissued by equities researchers at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 265 ($3.79) price target on the real estate investment trust’s stock. Liberum Capital’s price objective indicates a potential upside of 27.47% from the company’s current price.
Several other analysts also recently commented on INTU. Peel Hunt downgraded shares of Intu Properties to a “reduce” rating and boosted their target price for the stock from GBX 200 ($2.86) to GBX 225 ($3.22) in a research report on Wednesday, January 17th. Jefferies Group reissued an “underperform” rating and issued a GBX 195 ($2.79) target price on shares of Intu Properties in a research report on Thursday, January 18th. Numis Securities reissued a “hold” rating and issued a GBX 236 ($3.38) target price on shares of Intu Properties in a research report on Thursday, January 18th. Barclays reissued an “equal weight” rating and issued a GBX 220 ($3.15) target price on shares of Intu Properties in a research report on Thursday, February 22nd. Finally, Morgan Stanley decreased their target price on shares of Intu Properties from GBX 245 ($3.51) to GBX 230 ($3.29) and set an “equal weight” rating for the company in a research report on Tuesday, March 13th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Intu Properties currently has an average rating of “Hold” and a consensus target price of GBX 241.27 ($3.45).
INTU stock opened at GBX 207.90 ($2.98) on Tuesday. Intu Properties has a 12 month low of GBX 188.90 ($2.70) and a 12 month high of GBX 291.60 ($4.18).
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About Intu Properties
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 ten 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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