Liberum Capital reissued their sell rating on shares of Intu Properties (LON:INTU) in a report published on Thursday, ThisIsMoney.Co.Uk reports.
INTU has been the subject of several other research reports. Barclays reduced their price target on shares of Intu Properties from GBX 100 ($1.31) to GBX 85 ($1.11) and set an underweight rating for the company in a research report on Tuesday, April 16th. Deutsche Bank reduced their price target on shares of Intu Properties from GBX 110 ($1.44) to GBX 95 ($1.24) and set a hold rating for the company in a research report on Tuesday, March 12th. Peel Hunt reiterated a hold rating and issued a GBX 110 ($1.44) price target on shares of Intu Properties in a research report on Thursday, April 4th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 116 ($1.52) price target (down previously from GBX 120 ($1.57)) on shares of Intu Properties in a research report on Monday, March 18th. Finally, Morgan Stanley reduced their price target on shares of Intu Properties from GBX 150 ($1.96) to GBX 110 ($1.44) and set an underweight rating for the company in a research report on Thursday, March 14th. Six equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Intu Properties currently has a consensus rating of Hold and an average price target of GBX 111.86 ($1.46).
INTU stock opened at GBX 101.70 ($1.33) on Thursday. Intu Properties has a 12 month low of GBX 97.18 ($1.27) and a 12 month high of GBX 208.90 ($2.73). The firm has a market capitalization of $1.37 billion and a P/E ratio of -1.21. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 139.12.
Intu Properties (LON:INTU) last released its quarterly earnings results on Wednesday, February 20th. The real estate investment trust reported GBX 14.40 ($0.19) EPS for the quarter, beating the consensus estimate of GBX 13.90 ($0.18) by GBX 0.50 ($0.01). On average, equities research analysts forecast that Intu Properties will post 1476.00019331684 earnings per share for the current fiscal year.
In other Intu Properties news, insider Susan Marsden sold 22,133 shares of the business’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of GBX 108 ($1.41), for a total value of £23,903.64 ($31,234.34). Also, insider Ian Burke acquired 50,000 shares of the company’s stock in a transaction on Friday, April 5th. The stock was purchased at an average cost of GBX 104 ($1.36) per share, for a total transaction of £52,000 ($67,947.21).
Intu Properties Company Profile
Intu owns and manages some of the best shopping centres, in some of the strongest locations, in the UK and Spain. Our UK portfolio is made up of 17 centres, including 10 of the top-25, and in Spain we own three of the country's top-10 centres, with advanced plans to build a fourth. We are passionate about creating compelling experiences, in centre and online, that make our customers smile and help our retailers flourish.
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