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 Wednesday, American Banking News reports. They currently have a GBX 290 ($4.78) price objective on the stock. Deutsche Bank’s target price would indicate a potential downside of 11.04% from the company’s current price.
INTU has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. upgraded shares of Intu Properties to a “neutral” rating in a research note to investors on Monday. They now have a GBX 323 ($5.32) price target on the stock. Separately, analysts at Liberum Capital cut their price target on shares of Intu Properties from GBX 319 ($5.26) to GBX 313 ($5.16) in a research note to investors on Thursday, January 23rd. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Intu Properties from GBX 360 ($5.93) to GBX 340 ($5.60) in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 320.05 ($5.27).
Shares of Intu Properties (LON:INTU) traded up 1.75% during mid-day trading on Wednesday, hitting GBX 326.00. The stock had a trading volume of 3,658,717 shares. Intu Properties has a 1-year low of GBX 281.008 and a 1-year high of GBX 363.00. The stock’s 50-day moving average is GBX 327.9 and its 200-day moving average is GBX 323.7.
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
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