Shares of Intu Properties PLC (LON:INTU) have been given an average recommendation of “Hold” by the sixteen ratings firms that are currently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 279.20 ($3.61).
Several equities research analysts have recently issued reports on INTU shares. Goldman Sachs Group, Inc. (The) upgraded shares of Intu Properties PLC to a “buy” rating and set a GBX 311 ($4.02) price objective on the stock in a research note on Thursday, June 15th. Peel Hunt restated a “hold” rating and issued a GBX 300 ($3.87) price objective on shares of Intu Properties PLC in a research note on Thursday, July 27th. Citigroup Inc. restated a “neutral” rating and issued a GBX 300 ($3.87) price objective on shares of Intu Properties PLC in a research note on Monday, July 24th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 310 ($4.00) price objective on shares of Intu Properties PLC in a research note on Thursday, June 22nd. Finally, Numis Securities Ltd restated a “reduce” rating and issued a GBX 240 ($3.10) price objective on shares of Intu Properties PLC in a research note on Thursday, July 27th.
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Intu Properties PLC (LON INTU) traded down 1.34% during mid-day trading on Tuesday, reaching GBX 242.40. 2,265,287 shares of the company traded hands. The company’s market capitalization is GBX 3.26 billion. Intu Properties PLC has a 52-week low of GBX 241.60 and a 52-week high of GBX 302.70. The stock has a 50 day moving average price of GBX 251.38 and a 200-day moving average price of GBX 268.99.
The firm also recently declared a dividend, which will be paid on Tuesday, November 21st. Shareholders of record on Thursday, October 19th will be paid a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date of this dividend is Thursday, October 19th. This represents a yield of 1.74%.
In other Intu Properties PLC news, insider John Whittaker purchased 330,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were purchased at an average price of GBX 269 ($3.47) per share, for a total transaction of £887,700 ($1,146,454.86). Insiders have acquired 672,000 shares of company stock worth $180,742,000 in the last quarter.
Intu Properties PLC Company Profile
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company is primarily a shopping center-focused business and operates through two segments, including United Kingdom and Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway.
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