Goldman Sachs Group Inc. Reiterates “Hold” Rating for Intu Properties (INTU)
Intu Properties (LON:INTU)‘s stock had its “hold” rating reaffirmed by Goldman Sachs Group Inc. in a research note issued on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 290 ($4.65) target price on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential downside of 9.52% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Intu Properties in a research note to investors on Tuesday. They now have a GBX 290 ($4.65) price target on the stock. Separately, analysts at Societe Generale downgraded shares of Intu Properties to a “sell” rating in a research note to investors on Tuesday, October 1st. They now have a GBX 290 ($4.65) price target on the stock, down previously from GBX 340 ($5.45). Finally, analysts at Numis Securities Ltd upgraded shares of Intu Properties from a “reduce” rating to a “hold” rating in a research note to investors on Tuesday, September 10th. They now have a GBX 305 ($4.89) price target on the stock. Seven investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company’s stock. Intu Properties currently has a consensus rating of “Hold” and a consensus price target of GBX 318.63 ($5.11).
Intu Properties (LON:INTU) traded up 0.75% on Tuesday, hitting GBX 320.50. The stock had a trading volume of 1,623,453 shares. Intu Properties has a 52-week low of GBX 278.963 and a 52-week high of GBX 363.00. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
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