Intu Properties PLC (LON:INTU) insider John Whittaker bought 22,258,276 shares of the stock in a transaction on Wednesday, October 12th. The stock was purchased at an average price of GBX 289 ($3.58) per share, with a total value of £64,326,417.64 ($79,611,903.02).
Shares of Intu Properties PLC (LON:INTU) opened at 290.20 on Friday. The firm’s market capitalization is GBX 3.87 billion. Intu Properties PLC has a 12-month low of GBX 254.70 and a 12-month high of GBX 355.70. The company’s 50-day moving average price is GBX 297.25 and its 200 day moving average price is GBX 297.00.
The company also recently announced a dividend, which will be paid on Tuesday, November 22nd. Stockholders of record on Thursday, October 20th will be issued a GBX 4.60 ($0.06) dividend. This represents a dividend yield of 1.55%. The ex-dividend date is Thursday, October 20th.
Several equities research analysts have weighed in on INTU shares. Deutsche Bank AG cut Intu Properties PLC to a “sell” rating and lowered their target price for the stock from GBX 330 ($4.08) to GBX 250 ($3.09) in a report on Tuesday, September 13th. Canaccord Genuity upped their target price on Intu Properties PLC from GBX 280 ($3.47) to GBX 290 ($3.59) and gave the stock a “hold” rating in a report on Friday, August 26th. HSBC upgraded Intu Properties PLC to a “hold” rating and upped their target price for the stock from GBX 262 ($3.24) to GBX 296 ($3.66) in a report on Friday, September 30th. Morgan Stanley upped their target price on Intu Properties PLC from GBX 250 ($3.09) to GBX 280 ($3.47) and gave the stock an “underweight” rating in a report on Wednesday, August 31st. Finally, BNP Paribas reiterated an “underperform” rating and issued a GBX 270 ($3.34) target price on shares of Intu Properties PLC in a report on Monday, October 3rd. Ten research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock has a consensus rating of “Sell” and a consensus price target of GBX 282.12 ($3.49).
About Intu Properties PLC
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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