Shares of Intu Properties (LON:INTU) have earned an average recommendation of “Hold” from the thirteen research firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 217.08 ($2.94).
Several research firms have weighed in on INTU. JPMorgan Chase dropped their target price on Intu Properties from GBX 275 ($3.73) to GBX 220 ($2.98) and set a “neutral” rating for the company in a research report on Friday, May 11th. BNP Paribas dropped their target price on Intu Properties from GBX 247 ($3.35) to GBX 180 ($2.44) and set an “underperform” rating for the company in a research report on Tuesday, May 1st. Deutsche Bank dropped their target price on Intu Properties from GBX 220 ($2.98) to GBX 210 ($2.85) and set a “hold” rating for the company in a research report on Thursday, April 26th. Goldman Sachs reaffirmed a “buy” rating on shares of Intu Properties in a research report on Monday, April 23rd. Finally, Barclays decreased their price objective on Intu Properties from GBX 220 ($2.98) to GBX 180 ($2.44) and set an “underweight” rating for the company in a research note on Thursday, April 19th.
LON INTU opened at GBX 193.30 ($2.62) on Monday. Intu Properties has a 1-year low of GBX 188.90 ($2.56) and a 1-year high of GBX 291.60 ($3.96).
The business also recently disclosed a dividend, which was paid on Thursday, May 17th. Stockholders of record on Thursday, April 19th were paid a GBX 9.40 ($0.13) dividend. This represents a dividend yield of 4.38%. The ex-dividend date of this dividend was Thursday, April 19th. This is a boost from Intu Properties’s previous dividend of $4.60.
In related news, insider Matthew Roberts sold 24,982 shares of the business’s stock in a transaction that occurred on Monday, April 30th. The stock was sold at an average price of GBX 195 ($2.65), for a total transaction of £48,714.90 ($66,080.98). Also, insider David Fischel sold 24,713 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of GBX 212 ($2.88), for a total value of £52,391.56 ($71,068.31). Insiders sold a total of 71,741 shares of company stock valued at $14,718,260 in the last quarter.
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 ten 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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