Liberum Capital Reaffirms Sell Rating for Intu Properties (INTU)

Liberum Capital reissued their sell rating on shares of Intu Properties (LON:INTU) in a research report report published on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued research reports about the company. Royal Bank of Canada assumed coverage on Intu Properties in a research report on Thursday, March 28th. They issued a sector performer rating and a GBX 105 ($1.37) target price on the stock. Deutsche Bank reiterated a hold rating on shares of Intu Properties in a report on Thursday, February 21st. Numis Securities reiterated a hold rating and set a GBX 123 ($1.61) price target on shares of Intu Properties in a report on Wednesday, February 20th. Goldman Sachs Group downgraded Intu Properties to a sell rating and decreased their price target for the stock from GBX 117 ($1.53) to GBX 92 ($1.20) in a report on Friday, January 25th. Finally, HSBC decreased their price target on Intu Properties from GBX 136 ($1.78) to GBX 121 ($1.58) and set a hold rating for the company in a report on Friday, March 1st. Six equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 111.86 ($1.46).

Intu Properties stock traded down GBX 0.56 ($0.01) during midday trading on Tuesday, reaching GBX 96.60 ($1.26). The company’s stock had a trading volume of 2,937,469 shares, compared to its average volume of 4,510,000. Intu Properties has a fifty-two week low of GBX 97.18 ($1.27) and a fifty-two week high of GBX 208.90 ($2.73). The company has a debt-to-equity ratio of 139.12, a quick ratio of 0.86 and a current ratio of 1.07. The company has a market cap of $1.29 billion and a P/E ratio of -1.15.

Intu Properties (LON:INTU) last released its earnings results on Wednesday, February 20th. The real estate investment trust reported GBX 14.40 ($0.19) EPS for the quarter, beating analysts’ consensus estimates of GBX 13.90 ($0.18) by GBX 0.50 ($0.01). Sell-side analysts predict that Intu Properties will post 1476.00019331684 EPS for the current year.

In other Intu Properties news, insider Ian Burke bought 50,000 shares of Intu Properties stock in a transaction on Friday, April 5th. The stock was bought at an average price of GBX 104 ($1.36) per share, with a total value of £52,000 ($67,947.21). Also, insider Susan Marsden sold 22,133 shares of the firm’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of GBX 108 ($1.41), for a total value of £23,903.64 ($31,234.34).

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 10 of the top-25, 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.

See Also: Quiet Period

Analyst Recommendations for Intu Properties (LON:INTU)

Receive News & Ratings for Intu Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties and related companies with MarketBeat.com's FREE daily email newsletter.