Deutsche Bank Increases Intu Properties PLC Price Target to GBX 280 (INTU)
Investment analysts at Deutsche Bank upped their price target on shares of Intu Properties PLC (LON:INTU) from GBX 270 ($4.58) to GBX 280 ($4.75) in a note issued to investors on Friday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price indicates a potential downside of 13.47% from the stock’s previous close.
A number of other firms have also recently commented on INTU. Analysts at Liberum Capital reiterated a “sell” rating on shares of Intu Properties PLC in a research note on Monday, July 28th. They now have a GBX 267 ($4.53) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Intu Properties PLC in a research note on Wednesday, July 16th. Four equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 300 ($5.09).
Shares of Intu Properties PLC (LON:INTU) traded down 1.58% on Friday, hitting GBX 323.60. 4,273,852 shares of the company’s stock traded hands. Intu Properties PLC has a 52 week low of GBX 270.10 and a 52 week high of GBX 350.40. The stock has a 50-day moving average of GBX 313.8 and a 200-day moving average of GBX 310.2. The company’s market cap is £3.675 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, November 25th. Investors of record on Thursday, October 23rd will be paid a dividend of GBX 4.60 ($0.08) per share. This represents a dividend yield of 1.4%. The ex-dividend date is Thursday, October 23rd.
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.