Intu Properties PLC (LON:INTU) had its price target reduced by Liberum Capital from GBX 240 ($3.13) to GBX 230 ($3.00) in a research report report published on Wednesday, August 2nd, StockTargetPrices.com reports. They currently have a sell rating on the real estate investment trust’s stock.
Several other analysts have also issued reports on the stock. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 310 ($4.04) price target on shares of Intu Properties PLC in a research report on Monday, July 31st. Jefferies Group LLC reiterated an underperform rating and set a GBX 229 ($2.98) price target on shares of Intu Properties PLC in a research report on Friday, July 28th. Numis Securities Ltd reiterated a reduce rating and set a GBX 240 ($3.13) price target on shares of Intu Properties PLC in a research report on Thursday, July 27th. Peel Hunt reiterated a hold rating and set a GBX 300 ($3.91) price target on shares of Intu Properties PLC in a research report on Thursday, July 27th. Finally, Citigroup Inc. reiterated a neutral rating and set a GBX 300 ($3.91) price target on shares of Intu Properties PLC in a research report on Monday, July 24th. Eight analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 277.38 ($3.61).
Intu Properties PLC (INTU) traded down 0.04% on Wednesday, hitting GBX 247.30. 3,138,602 shares of the stock were exchanged. The company’s market capitalization is GBX 3.32 billion. The company has a 50-day moving average price of GBX 265.78 and a 200 day moving average price of GBX 272.84. Intu Properties PLC has a 1-year low of GBX 246.30 and a 1-year high of GBX 319.40.
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The firm also recently declared a dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Thursday, October 19th will be paid a dividend of GBX 4.60 ($0.06) per share. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, October 19th.
In other news, insider David Fischel sold 23,957 shares of the firm’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of GBX 268 ($3.49), for a total transaction of £64,204.76 ($83,610.83). Also, insider John Whittaker purchased 2,000 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were acquired at an average cost of GBX 256 ($3.33) per share, with a total value of £5,120 ($6,667.53). Insiders have bought 1,004,500 shares of company stock valued at $269,187,000 in the last ninety days.
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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