Intu Properties’ (INTU) “Reduce” Rating Reiterated at Peel Hunt
Peel Hunt reaffirmed their reduce rating on shares of Intu Properties (LON:INTU) in a research note issued to investors on Wednesday, Stock Target Advisor reports.
A number of other research firms also recently issued reports on INTU. Credit Suisse Group cut their price target on Intu Properties from GBX 40 ($0.53) to GBX 31 ($0.41) and set an underperform rating for the company in a research note on Thursday, November 7th. HSBC cut their price target on Intu Properties from GBX 40 ($0.53) to GBX 36 ($0.47) and set a reduce rating for the company in a research note on Wednesday, November 27th. Royal Bank of Canada cut their price target on Intu Properties from GBX 33 ($0.43) to GBX 21 ($0.28) and set a sector performer rating for the company in a research note on Wednesday, January 29th. UBS Group restated a sell rating on shares of Intu Properties in a research note on Monday, March 2nd. Finally, Liberum Capital cut their price target on Intu Properties from GBX 28 ($0.37) to GBX 14 ($0.18) and set a sell rating for the company in a research note on Monday, January 27th. Twelve analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock has a consensus rating of Sell and a consensus price target of GBX 40.79 ($0.54).
Shares of LON:INTU opened at GBX 5 ($0.07) on Wednesday. Intu Properties has a fifty-two week low of GBX 10.97 ($0.14) and a fifty-two week high of GBX 118 ($1.55). The business has a 50-day simple moving average of GBX 15.12 and a two-hundred day simple moving average of GBX 32.37. The company has a debt-to-equity ratio of 180.76, a quick ratio of 0.76 and a current ratio of 1.26. The firm has a market cap of $67.75 million and a price-to-earnings ratio of -0.05.
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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