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.
TRADEMARK VIOLATION NOTICE: “Intu Properties (INTU) Earns “Underperform” Rating from Jefferies Group” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/01/18/intu-properties-intu-earns-underperform-rating-from-jefferies-group.html.
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.
Receive News & Ratings for Intu Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties and related companies with MarketBeat.com's FREE daily email newsletter.