BNP Paribas reissued their underperform rating on shares of Intu Properties PLC (LON:INTU) in a research note published on Monday. BNP Paribas currently has a GBX 270 ($3.52) target price on the real estate investment trust’s stock.
INTU has been the topic of several other reports. Deutsche Bank AG lowered shares of Intu Properties PLC to a sell rating and reduced their price objective for the company from GBX 330 ($4.31) to GBX 250 ($3.26) in a report on Tuesday, September 13th. Canaccord Genuity lifted their target price on Intu Properties PLC from GBX 280 ($3.65) to GBX 290 ($3.79) and gave the company a hold rating in a research report on Friday, August 26th. Morgan Stanley lifted their target price on Intu Properties PLC from GBX 250 ($3.26) to GBX 280 ($3.65) and gave the company an underweight rating in a research report on Wednesday, August 31st. HSBC raised Intu Properties PLC to a hold rating and lifted their target price for the company from GBX 262 ($3.42) to GBX 296 ($3.86) in a research report on Friday. Finally, Jefferies Group reaffirmed an underperform rating and issued a GBX 229 ($2.99) target price on shares of Intu Properties PLC in a research report on Friday, August 19th. Ten investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The company presently has a consensus rating of Sell and an average target price of GBX 282.12 ($3.68).
Shares of Intu Properties PLC (LON:INTU) traded up 2.19% during trading on Monday, hitting GBX 302.70. 1,975,532 shares of the company traded hands. The company has a 50-day moving average of GBX 302.11 and a 200-day moving average of GBX 298.34. Intu Properties PLC has a 52-week low of GBX 254.70 and a 52-week high of GBX 355.70. The stock’s market capitalization is GBX 4.03 billion.
The company also recently disclosed a dividend, which will be paid on Tuesday, November 22nd. Shareholders of record on Thursday, October 20th will be paid a GBX 4.60 ($0.06) dividend. This represents a yield of 1.55%. The ex-dividend date of this dividend is Thursday, October 20th.
In other Intu Properties PLC news, insider Fischel,David sold 37,175 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of GBX 297 ($3.88), for a total value of £110,409.75 ($144,119.24).
Intu Properties PLC Company Profile
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol. The Company operates through two segments: UK and Spain.
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