Intu Properties PLC (INTU) Given Average Rating of “Hold” by Brokerages
Intu Properties PLC (LON:INTU) has been given an average recommendation of “Hold” by the fifteen research firms that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 268.60 ($3.64).
A number of research analysts recently commented on the stock. Liberum Capital upped their price target on shares of Intu Properties from GBX 230 ($3.12) to GBX 265 ($3.59) and gave the company a “hold” rating in a research note on Monday, January 8th. Goldman Sachs Group reiterated a “neutral” rating and issued a GBX 270 ($3.66) price target on shares of Intu Properties in a research note on Friday, December 8th. Deutsche Bank upgraded shares of Intu Properties to a “hold” rating and decreased their price target for the company from GBX 230 ($3.12) to GBX 220 ($2.98) in a research note on Wednesday, October 4th. Finally, Numis Securities reiterated a “reduce” rating and issued a GBX 190 ($2.58) price target on shares of Intu Properties in a research note on Thursday, November 2nd.
In other Intu Properties news, insider David Fischel bought 375 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were purchased at an average price of GBX 203 ($2.75) per share, for a total transaction of £761.25 ($1,032.34).
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Intu Properties Company Profile
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company is primarily a shopping center-focused business and operates through two segments, including United Kingdom and Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway.
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