Several other equities research analysts have also recently weighed in on INTU. Goldman Sachs Group cut shares of Intu Properties to a sell rating and cut their price objective for the stock from GBX 117 ($1.53) to GBX 92 ($1.20) in a research report on Friday, January 25th. JPMorgan Chase & Co. cut their price objective on shares of Intu Properties from GBX 175 ($2.29) to GBX 120 ($1.57) and set a neutral rating for the company in a research report on Tuesday, January 8th. HSBC cut their price objective on shares of Intu Properties from GBX 236 ($3.08) to GBX 136 ($1.78) and set a hold rating for the company in a research report on Wednesday, January 2nd. Credit Suisse Group cut shares of Intu Properties to an underperform rating and cut their price objective for the stock from GBX 150 ($1.96) to GBX 100 ($1.31) in a research report on Tuesday, December 18th. Finally, UBS Group cut their price objective on shares of Intu Properties from GBX 160 ($2.09) to GBX 110 ($1.44) and set a neutral rating for the company in a research report on Friday, December 14th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 143.57 ($1.88).
Shares of Intu Properties stock opened at GBX 117.60 ($1.54) on Friday. Intu Properties has a 52-week low of GBX 188.90 ($2.47) and a 52-week high of GBX 291.60 ($3.81).
Intu Properties Company Profile
Intu owns and manages some of the best shopping centres, in some of the strongest locations, in the UK and Spain. Our UK portfolio is made up of 17 centres, including 10 of the top-25, and in Spain we own three of the country's top-10 centres, with advanced plans to build a fourth. We are passionate about creating compelling experiences, in centre and online, that make our customers smile and help our retailers flourish.
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