Intu Properties PLC (INTU) Upgraded at Liberum Capital
Liberum Capital upgraded shares of Intu Properties PLC (LON:INTU) to a hold rating in a report issued on Thursday morning. They currently have GBX 230 ($3.04) price objective on the real estate investment trust’s stock.
Several other research firms also recently issued reports on INTU. Citigroup Inc. reaffirmed a neutral rating and set a GBX 300 ($3.96) price target on shares of Intu Properties PLC in a research note on Monday, July 24th. Peel Hunt reiterated a hold rating and set a GBX 300 ($3.96) price objective on shares of Intu Properties PLC in a research report on Thursday, July 27th. Numis Securities Ltd reiterated a reduce rating and set a GBX 240 ($3.17) price objective on shares of Intu Properties PLC in a research report on Thursday, July 27th. Credit Suisse Group reiterated an underperform rating on shares of Intu Properties PLC in a research report on Friday, July 21st. Finally, Jefferies Group LLC reiterated an underperform rating and set a GBX 229 ($3.02) price objective on shares of Intu Properties PLC in a research report on Friday, July 28th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 268.40 ($3.54).
Intu Properties PLC (LON:INTU) opened at GBX 218.20 ($2.88) on Thursday.
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In other Intu Properties PLC news, insider John Whittaker purchased 2,000 shares of the stock in a transaction on Monday, August 7th. The stock was bought at an average price of GBX 256 ($3.38) per share, for a total transaction of £5,120 ($6,756.40).
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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