Intu Properties (INTU) Earns “Underperform” Rating from Jefferies Group

Intu Properties (LON:INTU)‘s stock had its “underperform” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Thursday. They currently have a GBX 195 ($2.64) target price on the real estate investment trust’s stock. Jefferies Group’s target price points to a potential downside of 14.62% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Peel Hunt lowered Intu Properties to a “reduce” rating and lifted their price target for the company from GBX 200 ($2.71) to GBX 225 ($3.05) in a research note on Wednesday. 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. Liberum Capital reiterated a “hold” rating and issued a GBX 230 ($3.12) price target on shares of Intu Properties in a research note on Wednesday, December 6th. Deutsche Bank reiterated a “hold” rating and issued a GBX 220 ($2.98) price target on shares of Intu Properties in a research note on Thursday, November 9th. Finally, 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. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. Intu Properties presently has a consensus rating of “Hold” and a consensus target price of GBX 264.40 ($3.59).

Shares of Intu Properties (LON:INTU) traded down GBX 5.71 ($0.08) on Thursday, hitting GBX 228.39 ($3.10). The stock had a trading volume of 4,480,000 shares, compared to its average volume of 6,100,000. Intu Properties has a one year low of GBX 188.90 ($2.56) and a one year high of GBX 298.30 ($4.05). The company has a market cap of $3,090.00 and a price-to-earnings ratio of 1,343.47.

In related news, insider David Fischel bought 375 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were purchased at an average cost of GBX 203 ($2.75) per share, with a total value 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.

Analyst Recommendations for Intu Properties (LON:INTU)

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