Intu Properties (LON:INTU) had its target price cut by Barclays from GBX 85 ($1.11) to GBX 40 ($0.52) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports. They currently have an underweight rating on the real estate investment trust’s stock.

Several other research firms have also recently weighed in on INTU. HSBC decreased their price target on Intu Properties from GBX 121 ($1.58) to GBX 104 ($1.36) and set a hold rating for the company in a research note on Wednesday, May 15th. JPMorgan Chase & Co. cut Intu Properties to an underweight rating and decreased their price target for the stock from GBX 116 ($1.52) to GBX 94 ($1.23) in a research note on Monday, May 13th. Deutsche Bank decreased their price target on Intu Properties from GBX 95 ($1.24) to GBX 70 ($0.91) and set a hold rating for the company in a research note on Wednesday, July 31st. Peel Hunt restated a hold rating on shares of Intu Properties in a research note on Monday, July 29th. Finally, Berenberg Bank reduced their price objective on Intu Properties from GBX 130 ($1.70) to GBX 100 ($1.31) and set a hold rating for the company in a research report on Tuesday, May 7th. Six analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 92.54 ($1.21).

INTU stock opened at GBX 36.82 ($0.48) on Thursday. Intu Properties has a 1-year low of GBX 37.48 ($0.49) and a 1-year high of GBX 204 ($2.67). The business has a fifty day simple moving average of GBX 70.05. The company has a quick ratio of 0.76, a current ratio of 1.26 and a debt-to-equity ratio of 180.76. The stock has a market capitalization of $498.93 million and a PE ratio of -0.34.

In other news, insider Robert Allen acquired 100,000 shares of Intu Properties stock in a transaction that occurred on Monday, August 5th. The stock was bought at an average price of GBX 39 ($0.51) per share, for a total transaction of £39,000 ($50,960.41).

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 eight of the top-20, 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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Analyst Recommendations for Intu Properties (LON:INTU)

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