Deutsche Bank AG reaffirmed their sell rating on shares of Intu Properties PLC (LON:INTU) in a research report report published on Tuesday morning. They currently have a GBX 250 ($3.26) target price on the real estate investment trust’s stock.
INTU has been the topic of several other reports. Canaccord Genuity upped their price target on shares of Intu Properties PLC from GBX 280 ($3.65) to GBX 290 ($3.79) and gave the company a hold rating in a report on Friday, August 26th. HSBC upgraded shares of Intu Properties PLC to a hold rating and upped their price target for the company from GBX 262 ($3.42) to GBX 296 ($3.86) in a report on Friday, September 30th. Morgan Stanley upped their price target on shares of Intu Properties PLC from GBX 250 ($3.26) to GBX 280 ($3.65) and gave the company an underweight rating in a report on Wednesday, August 31st. BNP Paribas reiterated an underperform rating and set a GBX 270 ($3.52) price target on shares of Intu Properties PLC in a report on Monday, October 3rd. Finally, Jefferies Group reiterated an underperform rating and set a GBX 229 ($2.99) price target on shares of Intu Properties PLC in a report on Friday, August 19th. Ten research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The stock presently has a consensus rating of Sell and a consensus price target of GBX 282.12 ($3.68).
Shares of Intu Properties PLC (LON:INTU) opened at 283.80 on Tuesday. Intu Properties PLC has a 12-month low of GBX 254.70 and a 12-month high of GBX 355.70. The company has a 50-day moving average price of GBX 300.11 and a 200 day moving average price of GBX 297.83. The firm’s market capitalization is GBX 3.78 billion.
The business also recently declared a dividend, which will be paid on Tuesday, November 22nd. Shareholders of record on Thursday, October 20th will be paid a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.55%.
In other Intu Properties PLC news, insider Fischel,David sold 37,175 shares of the company’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of GBX 297 ($3.88), for a total transaction of £110,409.75 ($144,119.24).