Intu Properties (LON:INTU) had its target price reduced by Deutsche Bank from GBX 95 ($1.24) to GBX 70 ($0.91) in a report published on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the real estate investment trust’s stock.
Several other equities research analysts also recently issued reports on INTU. Berenberg Bank dropped 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 note on Tuesday, May 7th. Barclays dropped their price target on shares of Intu Properties from GBX 100 ($1.31) to GBX 85 ($1.11) and set an underweight rating on the stock in a research note on Tuesday, April 16th. JPMorgan Chase & Co. downgraded shares of Intu Properties to an underweight rating and dropped their price target for the stock from GBX 116 ($1.52) to GBX 94 ($1.23) in a research note on Monday, May 13th. Peel Hunt reissued a hold rating on shares of Intu Properties in a report on Monday, July 29th. Finally, Goldman Sachs Group decreased their price objective on shares of Intu Properties from GBX 88 ($1.15) to GBX 84 ($1.10) and set a sell rating for the company in a report on Tuesday, June 4th. Six analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 96 ($1.25).
Intu Properties stock opened at GBX 43.08 ($0.56) on Wednesday. Intu Properties has a 12-month low of GBX 69.74 ($0.91) and a 12-month high of GBX 204 ($2.67). The stock has a market cap of $583.75 million and a P/E ratio of -0.51. The company has a debt-to-equity ratio of 139.12, a current ratio of 1.07 and a quick ratio of 0.86. The business’s fifty day moving average price is GBX 76.29.
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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