Liberum Capital Lowers Intu Properties Price Target to GBX 313 (INTU)
Equities researchers at Liberum Capital lowered their price target on shares of Intu Properties (LON:INTU) from GBX 319 ($5.24) to GBX 313 ($5.14) in a research report issued on Thursday, ARN reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s target price suggests a potential downside of 1.42% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of Intu Properties from GBX 360 ($5.91) to GBX 340 ($5.58) in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Intu Properties from GBX 336 ($5.52) to GBX 335 ($5.50) in a research note to investors on Wednesday, January 15th. They now have a “hold” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Intu Properties in a research note to investors on Monday, December 16th. They now have a GBX 290 ($4.76) price target on the stock. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 318.32 ($5.23).
Intu Properties (LON:INTU) remained flat at GBX 317.50 during trading on Thursday. The stock had a trading volume of 1,794,556 shares. Intu Properties has a 52-week low of GBX 281.008 and a 52-week high of GBX 363.00. The stock has a 50-day moving average of GBX 327.9 and a 200-day moving average of GBX 323.7.
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
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