Goldman Sachs Group Reaffirms “Sell” Rating for Intu Properties (LON:INTU)

Goldman Sachs Group restated their sell rating on shares of Intu Properties (LON:INTU) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also weighed in on INTU. Liberum Capital reaffirmed a sell rating on shares of Intu Properties in a research report on Wednesday, July 31st. 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. Deutsche Bank lowered their price target on Intu Properties from GBX 95 ($1.24) to GBX 70 ($0.91) and set a hold rating on the stock in a research report on Wednesday, July 31st. Peel Hunt reaffirmed a hold rating on shares of Intu Properties in a research report on Monday, July 29th. Finally, Barclays lowered 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 research report on Tuesday, April 16th. Six research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 92.54 ($1.21).

LON:INTU opened at GBX 36.82 ($0.48) on Thursday. The firm has a market cap of $498.93 million and a price-to-earnings ratio of -0.34. Intu Properties has a twelve month low of GBX 37.48 ($0.49) and a twelve month high of GBX 204 ($2.67). The business’s 50 day moving average is GBX 70.05. The company has a debt-to-equity ratio of 180.76, a current ratio of 1.26 and a quick ratio of 0.76.

In other Intu Properties news, insider Robert Allen bought 100,000 shares of Intu Properties stock in a transaction dated Monday, August 5th. The stock was bought at an average cost of GBX 39 ($0.51) per share, for a total transaction of £39,000 ($50,960.41).

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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