Numis Securities Reiterates Hold Rating for Intu Properties (INTU)
Numis Securities reaffirmed their hold rating on shares of Intu Properties (LON:INTU) in a research note issued to investors on Thursday morning. Numis Securities currently has a GBX 236 ($3.20) price objective on the real estate investment trust’s stock.
INTU has been the subject of a number of other reports. Deutsche Bank raised Intu Properties to a hold rating and decreased their target price for the stock from GBX 230 ($3.12) to GBX 220 ($2.98) in a research report on Wednesday, October 4th. Liberum Capital raised their target price on Intu Properties from GBX 230 ($3.12) to GBX 265 ($3.59) and gave the stock a hold rating in a research report on Monday, January 8th. Jefferies Group reissued an underperform rating and issued a GBX 195 ($2.64) target price on shares of Intu Properties in a research report on Thursday. Peel Hunt downgraded Intu Properties to a reduce rating and raised their target price for the stock from GBX 200 ($2.71) to GBX 225 ($3.05) in a research report on Wednesday, January 17th. Finally, Goldman Sachs Group reissued a buy rating and issued a GBX 302 ($4.10) target price on shares of Intu Properties in a research report on Wednesday, September 27th. Six analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 264.40 ($3.59).
Shares of Intu Properties (LON:INTU) opened at GBX 229.60 ($3.11) on Thursday. Intu Properties has a 52-week low of GBX 188.90 ($2.56) and a 52-week high of GBX 298.30 ($4.05). The stock has a market capitalization of $3,110.00 and a price-to-earnings ratio of 1,350.59.
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Intu Properties 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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