Intu Properties PLC (LON:INTU)‘s stock had its “sell” rating restated by Liberum Capital in a report released on Tuesday. They currently have a GBX 240 ($2.90) price target on the real estate investment trust’s stock. Liberum Capital’s target price suggests a potential downside of 14.89% from the company’s previous close.
Several other brokerages also recently weighed in on INTU. Barclays PLC reissued an “underweight” rating and set a GBX 270 ($3.26) price target on shares of Intu Properties PLC in a research report on Friday, January 13th. HSBC raised shares of Intu Properties PLC to a “hold” rating and raised their price target for the company from GBX 262 ($3.16) to GBX 296 ($3.57) in a research report on Friday, September 30th. BNP Paribas reissued an “underperform” rating and set a GBX 280 ($3.38) price target on shares of Intu Properties PLC in a research report on Tuesday, January 3rd. Deutsche Bank AG restated a “sell” rating on shares of Intu Properties PLC in a report on Wednesday, October 26th. Finally, Numis Securities Ltd dropped their target price on shares of Intu Properties PLC from GBX 261 ($3.15) to GBX 238 ($2.87) and set a “reduce” rating on the stock in a report on Friday, January 13th. Ten analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Intu Properties PLC has an average rating of “Sell” and a consensus target price of GBX 270.60 ($3.26).
Intu Properties PLC (LON:INTU) opened at 276.80 on Tuesday. The stock’s market cap is GBX 3.69 billion. Intu Properties PLC has a 1-year low of GBX 254.70 and a 1-year high of GBX 323.90. The company has a 50-day moving average price of GBX 274.09 and a 200 day moving average price of GBX 285.45.
In other news, insider John Whittaker bought 39,000 shares of the stock in a transaction that occurred on Monday, November 28th. The shares were bought at an average price of GBX 269 ($3.25) per share, for a total transaction of £104,910 ($126,565.33).
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.