BNP Paribas reaffirmed their underperform rating on shares of Intu Properties PLC (LON:INTU) in a research note issued to investors on Monday morning. The firm currently has a GBX 270 ($3.52) target price on the real estate investment trust’s stock.
A number of other equities analysts have also recently commented on the stock. Deutsche Bank AG reissued a buy rating and issued a GBX 250 ($3.26) price target on shares of Intu Properties PLC in a research note on Monday, September 19th. Liberum Capital cut shares of Intu Properties PLC to a sell rating and cut their price objective for the company from GBX 300 ($3.92) to GBX 240 ($3.13) in a research note on Monday, July 4th. JPMorgan Chase & Co. upped their price objective on shares of Intu Properties PLC from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company a neutral rating in a research note on Tuesday, September 6th. Jefferies Group reaffirmed an underperform rating and issued a GBX 229 ($2.99) price objective on shares of Intu Properties PLC in a research note on Friday, August 19th. Finally, Societe Generale reaffirmed a sell rating and issued a GBX 270 ($3.52) price objective on shares of Intu Properties PLC in a research note on Tuesday, July 5th. Ten analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Intu Properties PLC presently has an average rating of Sell and an average target price of GBX 282.12 ($3.68).
Intu Properties PLC (LON:INTU) opened at 290.00 on Monday. Intu Properties PLC has a 12 month low of GBX 254.70 and a 12 month high of GBX 355.70. The firm’s 50 day moving average is GBX 301.50 and its 200-day moving average is GBX 298.04. The firm’s market cap is GBX 3.86 billion.
The firm also recently declared a dividend, which will be paid on Tuesday, November 22nd. Investors of record on Thursday, October 20th will be paid a GBX 4.60 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.55%.
In related news, insider Fischel,David sold 37,175 shares of the stock in a transaction dated Friday, July 29th. The shares were sold at an average price of GBX 297 ($3.88), for a total value of £110,409.75 ($144,119.24).
Intu Properties PLC Company Profile
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol. The Company operates through two segments: UK and Spain.
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