Intu Properties PLC (INTU) Receives Hold Rating from Deutsche Bank AG
Deutsche Bank AG reaffirmed their hold rating on shares of Intu Properties PLC (LON:INTU) in a research note released on Thursday. Deutsche Bank AG currently has a GBX 220 ($2.89) price target on the real estate investment trust’s stock.
Other equities research analysts have also issued research reports about the company. Credit Suisse Group reaffirmed an underperform rating on shares of Intu Properties PLC in a research report on Friday, July 21st. Liberum Capital dropped their price target on Intu Properties PLC from GBX 240 ($3.16) to GBX 230 ($3.03) and set a sell rating on the stock in a research report on Wednesday, August 2nd. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 310 ($4.08) price target on shares of Intu Properties PLC in a research report on Monday, July 31st. Peel Hunt reaffirmed a hold rating and set a GBX 300 ($3.95) price target on shares of Intu Properties PLC in a research report on Thursday, July 27th. Finally, Citigroup Inc. reiterated a neutral rating and set a GBX 300 ($3.95) price objective on shares of Intu Properties PLC in a report on Monday, July 24th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 268.40 ($3.53).
Intu Properties PLC (LON INTU) traded down GBX 6.70 ($0.09) during midday trading on Thursday, hitting GBX 205 ($2.70). The stock had a trading volume of 4,721,105 shares, compared to its average volume of 4,270,000. Intu Properties PLC has a 52 week low of GBX 204.90 ($2.69) and a 52 week high of GBX 298.30 ($3.92).
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About Intu Properties PLC
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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