Intu Properties Receives “Hold” Rating from Deutsche Bank (INTU)
Intu Properties (LON:INTU)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, American Banking News reports. They currently have a GBX 290 ($4.69) price target on the stock. Deutsche Bank’s price target points to a potential downside of 13.56% from the stock’s previous close.
Shares of Intu Properties (LON:INTU) opened at 338.80 on Thursday. Intu Properties has a 52 week low of GBX 279.304 and a 52 week high of GBX 363.00. The stock has a 50-day moving average of GBX 322.9 and a 200-day moving average of GBX 332.6.
A number of other firms have also recently commented on INTU. Analysts at Jefferies Group reiterated a “hold” rating on shares of Intu Properties in a research note to investors on Monday, October 14th. They now have a GBX 336 ($5.43) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “hold” rating on shares of Intu Properties in a research note to investors on Tuesday, October 8th. They now have a GBX 290 ($4.69) price target on the stock. Finally, 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 ($4.69) price target on the stock, down previously from GBX 340 ($5.50). Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 320.20 ($5.18).
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
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