Intu Properties (LON:INTU)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently issued reports on INTU. Goldman Sachs Group reaffirmed a “sell” rating on shares of Intu Properties in a research note on Thursday, August 8th. Deutsche Bank downgraded shares of Intu Properties to a “sell” rating and decreased their price target for the company from GBX 70 ($0.91) to GBX 30 ($0.39) in a research note on Thursday, November 7th. Credit Suisse Group decreased their price target on shares of Intu Properties from GBX 40 ($0.52) to GBX 31 ($0.41) and set an “underperform” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their price target on shares of Intu Properties from GBX 45 ($0.59) to GBX 29 ($0.38) and set an “underweight” rating on the stock in a research note on Thursday, November 7th. Finally, HSBC decreased their price target on shares of Intu Properties from GBX 40 ($0.52) to GBX 36 ($0.47) and set a “reduce” rating on the stock in a research note on Wednesday, November 27th. Nine investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has a consensus rating of “Sell” and a consensus target price of GBX 49.62 ($0.65).
Intu Properties stock opened at GBX 35 ($0.46) on Tuesday. The company has a market cap of $474.26 million and a price-to-earnings ratio of -0.32. The firm’s fifty day moving average is GBX 41.04 and its 200 day moving average is GBX 57.96. The company has a quick ratio of 0.76, a current ratio of 1.26 and a debt-to-equity ratio of 180.76. Intu Properties has a 52-week low of GBX 30.20 ($0.39) and a 52-week 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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