Intu Properties PLC (LON:INTU) has earned an average recommendation of “Hold” from the sixteen brokerages that are covering the firm, Marketbeat reports. Eight research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 282.71 ($3.68).
A number of research firms recently issued reports on INTU. Credit Suisse Group reissued an “underperform” rating on shares of Intu Properties PLC in a research note on Friday, July 21st. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 310 ($4.04) price target on shares of Intu Properties PLC in a research note on Monday, July 31st. Liberum Capital decreased their price target on shares of Intu Properties PLC from GBX 240 ($3.13) to GBX 230 ($3.00) and set a “sell” rating for the company in a research note on Wednesday, August 2nd. Barclays PLC reaffirmed an “underweight” rating and set a GBX 280 ($3.65) price target on shares of Intu Properties PLC in a research note on Tuesday, June 13th. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 300 ($3.91) price target on shares of Intu Properties PLC in a research note on Thursday, July 27th.
Intu Properties PLC (LON:INTU) traded down 1.75% during mid-day trading on Monday, reaching GBX 247.40. 2,626,112 shares of the company’s stock were exchanged. The company’s market cap is GBX 3.32 billion. The stock has a 50-day moving average price of GBX 266.33 and a 200 day moving average price of GBX 273.02. Intu Properties PLC has a 52-week low of GBX 247.40 and a 52-week high of GBX 319.40.
The business also recently disclosed a dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Thursday, October 19th will be issued a GBX 4.60 ($0.06) dividend. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, October 19th.
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In other Intu Properties PLC news, insider John Whittaker purchased 340,000 shares of the business’s stock in a transaction on Thursday, June 29th. The stock was acquired at an average price of GBX 269 ($3.50) per share, with a total value of £914,600 ($1,191,040.50). Also, 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 value of £64,204.76 ($83,610.83). In the last three months, insiders bought 1,004,500 shares of company stock valued at $269,187,000.
About Intu Properties PLC
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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