Intu Properties’ (INTU) Hold Rating Reiterated at Peel Hunt
Peel Hunt reissued their hold rating on shares of Intu Properties (LON:INTU) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also recently weighed in on INTU. Royal Bank of Canada cut their price target on Intu Properties from GBX 43 ($0.56) to GBX 33 ($0.43) and set a sector performer rating for the company in a report on Friday, November 8th. Berenberg Bank decreased their price objective on Intu Properties from GBX 100 ($1.31) to GBX 30 ($0.39) and set a hold rating on the stock in a research note on Thursday, August 15th. HSBC dropped their price objective on Intu Properties from GBX 40 ($0.52) to GBX 36 ($0.47) and set a reduce rating for the company in a research report on Wednesday, November 27th. Liberum Capital reiterated a sell rating and set a GBX 30 ($0.39) price objective on shares of Intu Properties in a research report on Wednesday, November 6th. Finally, Credit Suisse Group cut their target price on shares of Intu Properties from GBX 40 ($0.52) to GBX 31 ($0.41) and set an underperform rating for the company in a research note on Thursday, November 7th. Nine investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Intu Properties presently has a consensus rating of Sell and an average price target of GBX 49.62 ($0.65).
INTU stock opened at GBX 34.50 ($0.45) on Tuesday. The company’s 50 day simple moving average is GBX 41.23 and its 200-day simple moving average is GBX 58.27. The firm has a market capitalization of $475.89 million and a PE ratio of -0.31. The company has a debt-to-equity ratio of 180.76, a current ratio of 1.26 and a quick ratio of 0.76. Intu Properties has a 12 month low of GBX 30.20 ($0.39) and a 12 month high of GBX 122.15 ($1.60).
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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