Intu Properties PLC (LON:INTU) insider John Whittaker bought 22,258,276 shares of the business’s stock in a transaction that occurred on Wednesday, October 12th. The shares were bought at an average price of GBX 289 ($3.58) per share, with a total value of £64,326,417.64 ($79,611,903.02).
Intu Properties PLC (LON:INTU) opened at 291.7461 on Monday. Intu Properties PLC has a 52 week low of GBX 254.70 and a 52 week high of GBX 355.70. The company’s market cap is GBX 3.89 billion. The stock has a 50 day moving average of GBX 296.64 and a 200 day moving average of GBX 296.96.
The firm also recently announced a dividend, which will be paid on Tuesday, November 22nd. Shareholders of record on Thursday, October 20th will be paid a dividend of GBX 4.60 ($0.06) per share. This represents a yield of 1.55%. The ex-dividend date is Thursday, October 20th.
A number of brokerages have recently issued reports on INTU. Deutsche Bank AG dropped their price objective on shares of Intu Properties PLC from GBX 380 ($4.70) to GBX 330 ($4.08) and set a “hold” rating for the company in a research note on Friday, June 24th. Canaccord Genuity increased their price objective on shares of Intu Properties PLC from GBX 280 ($3.47) to GBX 290 ($3.59) and gave the company a “hold” rating in a research note on Friday, August 26th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 240 ($2.97) target price on shares of Intu Properties PLC in a report on Thursday, September 1st. Morgan Stanley upped their target price on shares of Intu Properties PLC from GBX 250 ($3.09) to GBX 280 ($3.47) and gave the stock an “underweight” rating in a report on Wednesday, August 31st. Finally, Numis Securities Ltd lowered shares of Intu Properties PLC to a “reduce” rating and lowered their target price for the stock from GBX 291 ($3.60) to GBX 261 ($3.23) in a report on Tuesday, August 16th. Ten investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus price target of GBX 282.12 ($3.49).
About Intu Properties PLC
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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