Peel Hunt reissued their hold rating on shares of Intu Properties (LON:INTU) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued reports about the stock. Goldman Sachs Group reiterated a sell rating on shares of Intu Properties in a research report on Thursday, August 8th. Liberum Capital reiterated a sell rating on shares of Intu Properties in a research report on Tuesday, September 10th. Berenberg Bank reduced their price target on shares of Intu Properties from GBX 100 ($1.31) to GBX 30 ($0.39) and set a hold rating for the company in a research report on Thursday, August 15th. Royal Bank of Canada assumed coverage on Intu Properties in a research report on Monday, August 12th. They set a sector performer rating for the company. Finally, Barclays cut their price objective on Intu Properties from GBX 85 ($1.11) to GBX 40 ($0.52) and set an underweight rating for the company in a research report on Thursday, August 8th. Six equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Intu Properties currently has an average rating of Hold and a consensus price target of GBX 87.15 ($1.14).
INTU stock opened at GBX 47.60 ($0.62) on Tuesday. The firm has a 50 day moving average of GBX 40.87 and a 200-day moving average of GBX 72.76. Intu Properties has a 12-month low of GBX 31.82 ($0.42) and a 12-month high of GBX 203.90 ($2.66). The company has a current ratio of 1.26, a quick ratio of 0.76 and a debt-to-equity ratio of 180.76. The company has a market cap of $673.73 million and a price-to-earnings ratio of -0.43.
In related news, insider Robert Allen acquired 100,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was purchased at an average cost of GBX 39 ($0.51) per share, for a total transaction of £39,000 ($50,960.41).
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 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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