Intu Properties plc (LON:INTU) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $73.97 and traded as low as $42.00. Intu Properties shares last traded at $44.54, with a volume of 4,014,438 shares changing hands.
INTU has been the topic of a number of research analyst reports. Deutsche Bank lowered their target price on Intu Properties from GBX 95 ($1.24) to GBX 70 ($0.91) and set a “hold” rating on the stock in a report on Wednesday, July 31st. Goldman Sachs Group reaffirmed a “sell” rating on shares of Intu Properties in a report on Thursday, August 8th. Barclays lowered their target price on Intu Properties from GBX 85 ($1.11) to GBX 40 ($0.52) and set an “underweight” rating on the stock in a report on Thursday, August 8th. Liberum Capital reaffirmed a “sell” rating on shares of Intu Properties in a report on Tuesday, September 10th. Finally, Berenberg Bank lowered their target price on Intu Properties from GBX 100 ($1.31) to GBX 30 ($0.39) and set a “hold” rating on the stock in a report on Thursday, August 15th. Six analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Intu Properties currently has a consensus rating of “Hold” and a consensus price target of GBX 87.15 ($1.14).
The company has a debt-to-equity ratio of 180.76, a quick ratio of 0.76 and a current ratio of 1.26. The firm has a market cap of $591.37 million and a P/E ratio of -0.41. The company has a 50-day moving average of GBX 40.03 and a 200 day moving average of GBX 73.97.
In related news, insider Robert Allen bought 100,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of GBX 39 ($0.51) per share, for a total transaction of £39,000 ($50,960.41).
Intu Properties Company Profile (LON:INTU)
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 eight of the top-20, 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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