Intu Properties’ (INTU) Sector Performer Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reiterated their sector performer rating on shares of Intu Properties (LON:INTU) in a research note released on Monday, ThisIsMoney.Co.Uk reports. They currently have a GBX 100 ($1.31) price target on the real estate investment trust’s stock.

Several other equities research analysts have also issued reports on INTU. HSBC dropped their price objective on Intu Properties from GBX 121 ($1.58) to GBX 104 ($1.36) and set a hold rating for the company in a research note on Wednesday, May 15th. Liberum Capital dropped their price objective on Intu Properties from GBX 100 ($1.31) to GBX 85 ($1.11) and set a sell rating for the company in a research note on Monday, May 20th. Peel Hunt reissued a hold rating on shares of Intu Properties in a research note on Tuesday, May 28th. Numis Securities reissued a hold rating and set a GBX 116 ($1.52) price objective on shares of Intu Properties in a research note on Thursday, April 4th. Finally, Barclays dropped their price objective on Intu Properties from GBX 100 ($1.31) to GBX 85 ($1.11) and set an underweight rating for the company in a research note on Tuesday, April 16th. Six equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 97.92 ($1.28).

Shares of LON INTU opened at GBX 75 ($0.98) on Monday. The stock has a market capitalization of $1.01 billion and a PE ratio of -0.89. Intu Properties has a fifty-two week low of GBX 75.64 ($0.99) and a fifty-two week high of GBX 204 ($2.67). The company has a debt-to-equity ratio of 139.12, a quick ratio of 0.86 and a current ratio of 1.07. The company has a fifty day moving average of GBX 89.68.

In other Intu Properties news, insider Ian Burke acquired 50,000 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was bought at an average price of GBX 104 ($1.36) per share, with a total value of £52,000 ($67,947.21).

About Intu Properties

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.

Read More: What does an outperform rating mean?

Analyst Recommendations for Intu Properties (LON:INTU)

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