Intu Properties PLC’s (INTU) “Underperform” Rating Reiterated at Credit Suisse Group

Intu Properties PLC (LON:INTU)‘s stock had its “underperform” rating reiterated by stock analysts at Credit Suisse Group in a research note issued on Wednesday. They currently have a GBX 235 ($3.03) price target on the real estate investment trust’s stock. Credit Suisse Group’s price target would suggest a potential downside of 3.05% from the company’s previous close.

INTU has been the subject of several other research reports. Liberum Capital reissued a “sell” rating and issued a GBX 230 ($2.97) target price on shares of Intu Properties PLC in a research note on Wednesday, August 30th. Goldman Sachs Group, Inc. (The) raised shares of Intu Properties PLC to a “buy” rating and set a GBX 311 ($4.02) target price for the company in a research note on Thursday, June 15th. Deutsche Bank AG reissued a “sell” rating and issued a GBX 230 ($2.97) target price on shares of Intu Properties PLC in a research note on Monday. Numis Securities Ltd reissued a “reduce” rating and issued a GBX 240 ($3.10) target price on shares of Intu Properties PLC in a research note on Thursday, July 27th. Finally, Jefferies Group LLC reissued an “underperform” rating and issued a GBX 229 ($2.96) target price on shares of Intu Properties PLC in a research note on Friday, July 28th. Eight research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 276.44 ($3.57).

Intu Properties PLC (LON INTU) opened at 242.40 on Wednesday. The stock’s market cap 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 firm’s 50-day moving average is GBX 251.38 and its 200 day moving average is GBX 268.99.

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In other news, insider John Whittaker bought 340,000 shares of the firm’s stock in a transaction dated Thursday, June 29th. The stock was acquired at an average price of GBX 269 ($3.47) per share, for a total transaction of £914,600 ($1,181,195.92). Insiders have bought a total of 672,000 shares of company stock valued at $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.

Analyst Recommendations for Intu Properties PLC (LON:INTU)

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