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Equities researchers at Liberum Capital raised their target price on shares of Intu Properties PLC (LON:INTU) from GBX 276 ($4.61) to GBX 316 ($5.28) in a research report issued on Wednesday. The firm currently has a “sell” rating on the stock. Liberum Capital’s target price points to a potential downside of 6.84% from the company’s current price.

Intu Properties PLC (LON:INTU) traded down 0.88% on Wednesday, hitting GBX 336.00. 786,076 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 340.40. The stock has a 50-day moving average of GBX 320.0 and a 200-day moving average of GBX 311.1. The company’s market cap is £4.219 billion.

The company also recently announced a dividend, which is scheduled for Tuesday, November 25th. Shareholders 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 has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Intu Properties PLC from GBX 326 ($5.45) to GBX 333 ($5.57) in a research note on Tuesday, August 12th. They now have a “hold” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Intu Properties PLC from GBX 270 ($4.51) to GBX 280 ($4.68) in a research note on Friday, August 1st. They now have a “hold” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Intu Properties PLC in a research note on Tuesday, July 22nd. Four equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 310.50 ($5.19).

Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON:INTU).

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