Intu Properties PLC Receives Consensus Rating of “Hold” from Brokerages (LON:INTU)
Shares of Intu Properties PLC (LON:INTU) have earned an average recommendation of “Hold” from the twelve brokerages that are currently covering the company, Stock Ratings Network.com reports. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 300 ($5.03).
Intu Properties PLC (LON:INTU) opened at 324.70 on Monday. Intu Properties PLC has a 1-year low of GBX 270.10 and a 1-year high of GBX 331.30. The stock has a 50-day moving average of GBX 315.1 and a 200-day moving average of GBX 310.5. The company’s market cap is £4.078 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.
A number of analysts have recently weighed in on INTU shares. Analysts at Deutsche Bank raised their price target on shares of Intu Properties PLC from GBX 270 ($4.53) to GBX 280 ($4.70) in a research note on Friday, August 1st. They now have a “hold” rating on the stock. Separately, 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 ($4.48) price target on the stock.
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).
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