Intu Properties PLC’s (INTU) “Reduce” Rating Reaffirmed at Numis Securities Ltd
Numis Securities Ltd reaffirmed their reduce rating on shares of Intu Properties PLC (LON:INTU) in a research note released on Thursday morning, MarketBeat Ratings reports. Numis Securities Ltd currently has a GBX 190 ($2.51) target price on the real estate investment trust’s stock.
A number of other research analysts have also recently issued reports on the stock. Liberum Capital raised shares of Intu Properties PLC to a hold rating and set a GBX 230 ($3.04) price target for the company in a report on Thursday. Deutsche Bank AG upgraded shares of Intu Properties PLC to a hold rating and cut their price objective for the stock from GBX 230 ($3.04) to GBX 220 ($2.90) in a research note on Wednesday, October 4th. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a GBX 302 ($3.99) price objective on shares of Intu Properties PLC in a research note on Wednesday, September 27th. J P Morgan Chase & Co cut their price objective on shares of Intu Properties PLC from GBX 310 ($4.09) to GBX 275 ($3.63) and set a neutral rating on the stock in a research note on Thursday, September 14th. Finally, Credit Suisse Group reiterated an underperform rating and issued a GBX 235 ($3.10) price objective on shares of Intu Properties PLC in a research note on Wednesday, September 13th. Six equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 268.40 ($3.54).
Intu Properties PLC (LON INTU) opened at GBX 217.10 ($2.86) on Thursday.
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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