Intu Properties (LON:INTU)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities in a research report issued to clients and investors on Wednesday, February 20th. They presently have a GBX 123 ($1.61) target price on the real estate investment trust’s stock. Numis Securities’ target price would indicate a potential upside of 11.06% from the stock’s previous close.
A number of other equities analysts also recently commented on the company. Liberum Capital reissued a “sell” rating on shares of Intu Properties in a research report on Thursday, November 29th. Deutsche Bank lowered their price objective on Intu Properties from GBX 140 ($1.83) to GBX 110 ($1.44) and set a “hold” rating for the company in a research report on Friday, November 30th. Barclays lowered their price objective on Intu Properties from GBX 160 ($2.09) to GBX 100 ($1.31) and set an “underweight” rating for the company in a research report on Tuesday, December 4th. Peel Hunt reissued a “hold” rating on shares of Intu Properties in a research report on Thursday, November 29th. Finally, Credit Suisse Group downgraded Intu Properties to an “underperform” rating and lowered their price objective for the stock from GBX 150 ($1.96) to GBX 100 ($1.31) in a research report on Tuesday, December 18th. Six investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Intu Properties currently has a consensus rating of “Hold” and a consensus target price of GBX 120.07 ($1.57).
Shares of INTU stock traded up GBX 0.15 ($0.00) on Wednesday, hitting GBX 110.75 ($1.45). The stock had a trading volume of 36,589,996 shares, compared to its average volume of 4,510,000. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 139.12. The company has a market capitalization of $1.49 billion and a PE ratio of -1.31. Intu Properties has a 1 year low of GBX 101 ($1.32) and a 1 year high of GBX 220 ($2.87).
Intu Properties (LON:INTU) last posted its quarterly earnings data on Wednesday, February 20th. The real estate investment trust reported GBX 14.40 ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 13.90 ($0.18) by GBX 0.50 ($0.01). Research analysts predict that Intu Properties will post 1478.0330138767 EPS for the current fiscal year.
In other news, insider Susan Marsden sold 22,133 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of GBX 108 ($1.41), for a total value of £23,903.64 ($31,234.34). Also, insider John Whittaker bought 5,000 shares of Intu Properties stock in a transaction dated Friday, December 21st. The stock was purchased at an average cost of GBX 117 ($1.53) per share, with a total value of £5,850 ($7,644.06).
About Intu Properties
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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