Intu Properties (INTU) Receives “Hold” Rating from Peel Hunt

Peel Hunt reissued their hold rating on shares of Intu Properties (LON:INTU) in a research note released on Tuesday, ThisIsMoney.Co.Uk reports.

INTU has been the topic of several other research reports. Deutsche Bank restated a hold rating on shares of Intu Properties in a report on Tuesday, March 19th. Berenberg Bank decreased their price target on Intu Properties from GBX 150 ($1.96) to GBX 130 ($1.70) and set a hold rating on the stock in a report on Friday, February 22nd. Liberum Capital restated a sell rating on shares of Intu Properties in a report on Tuesday, March 12th. Numis Securities restated a hold rating and set a GBX 123 ($1.61) price target on shares of Intu Properties in a report on Wednesday, February 20th. Finally, Barclays decreased their price target on Intu Properties from GBX 100 ($1.31) to GBX 85 ($1.11) and set an underweight rating on the stock in a report on Tuesday, April 16th. Six equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 100.54 ($1.31).

LON:INTU opened at GBX 97.06 ($1.27) on Tuesday. Intu Properties has a fifty-two week low of GBX 90.02 ($1.18) and a fifty-two week high of GBX 208.90 ($2.73). The firm has a market cap of $1.30 billion and a P/E ratio of -1.15. The company has a debt-to-equity ratio of 139.12, a quick ratio of 0.86 and a current ratio of 1.07.

Intu Properties (LON:INTU) last released its quarterly earnings results on Wednesday, February 20th. The real estate investment trust reported GBX 14.40 ($0.19) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 13.90 ($0.18) by GBX 0.50 ($0.01). Sell-side analysts forecast that Intu Properties will post 1476.00002480672 EPS for the current year.

In other Intu Properties news, insider Susan Marsden sold 22,133 shares of the stock in a transaction on 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 Ian Burke bought 50,000 shares of Intu Properties stock in a transaction on Friday, April 5th. The stock was acquired at an average price of GBX 104 ($1.36) per share, for a total transaction of £52,000 ($67,947.21).

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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Analyst Recommendations for Intu Properties (LON:INTU)

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