Intu Properties (INTU) Price Target Increased to GBX 265 by Analysts at Liberum Capital

Intu Properties (LON:INTU) had its price target raised by Liberum Capital from GBX 230 ($3.23) to GBX 265 ($3.72) in a research note issued to investors on Monday, January 8th. The firm currently has a hold rating on the real estate investment trust’s stock.

Several other equities analysts have also weighed in on INTU. Numis Securities reissued a reduce rating and issued a GBX 190 ($2.67) target price on shares of Intu Properties in a research note on Thursday, November 2nd. Credit Suisse Group reaffirmed an underperform rating and set a GBX 235 ($3.30) price target on shares of Intu Properties in a research report on Wednesday, September 13th. Goldman Sachs Group reaffirmed a buy rating and set a GBX 302 ($4.24) price target on shares of Intu Properties in a research report on Wednesday, September 27th. Deutsche Bank raised Intu Properties to a hold rating and dropped their price target for the stock from GBX 230 ($3.23) to GBX 220 ($3.09) in a research report on Wednesday, October 4th. Finally, JPMorgan Chase & Co. dropped their price target on Intu Properties from GBX 310 ($4.35) to GBX 275 ($3.86) and set a neutral rating on the stock in a research report on Thursday, September 14th. Six equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. Intu Properties currently has a consensus rating of Hold and a consensus price target of GBX 262.93 ($3.69).

Intu Properties (INTU) opened at GBX 227.30 ($3.19) on Monday. Intu Properties has a one year low of GBX 188.90 ($2.65) and a one year high of GBX 298.30 ($4.19). The firm has a market capitalization of $3,040.00 and a PE ratio of 1,337.06.

In related news, insider David Fischel acquired 375 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was purchased at an average cost of GBX 203 ($2.85) per share, with a total value of £761.25 ($1,069.02).

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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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