Peel Hunt reissued their hold rating on shares of Intu Properties (LON:INTU) in a research note released on Monday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently weighed in on INTU. Berenberg Bank reduced their price target on shares of Intu Properties from GBX 130 ($1.70) to GBX 100 ($1.31) and set a hold rating on the stock in a research report on Tuesday, May 7th. HSBC reduced their price target on shares of Intu Properties from GBX 121 ($1.58) to GBX 104 ($1.36) and set a hold rating on the stock in a research report on Wednesday, May 15th. Numis Securities reaffirmed a hold rating and set a GBX 116 ($1.52) price target on shares of Intu Properties in a research report on Friday, May 3rd. Liberum Capital reaffirmed a sell rating on shares of Intu Properties in a research report on Tuesday, July 2nd. Finally, JPMorgan Chase & Co. cut shares of Intu Properties to an underweight rating and reduced their price target for the company from GBX 116 ($1.52) to GBX 94 ($1.23) in a research report on Monday, May 13th. Six investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Intu Properties presently has a consensus rating of Hold and an average target price of GBX 96 ($1.25).
Shares of INTU stock opened at GBX 47.85 ($0.63) on Monday. The firm has a market capitalization of $648.39 million and a PE ratio of -0.57. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 139.12. Intu Properties has a fifty-two week low of GBX 69.74 ($0.91) and a fifty-two week high of GBX 204 ($2.67). The firm’s 50 day simple moving average is GBX 78.03.
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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