Intu Properties (LON:INTU) Rating Reaffirmed
The brokerage has just set a TP of GBX 330.00 on Intu Properties (LON:INTU) shares. This is 0.61% from the last stock close price. In a recent research report issued on 1 December, Liberum Capital has decided to restate their “Hold” rating on shares of INTU.
From a total of 12 analysts covering Intu Properties (LON:INTU) stock, 0 rate it a ”Buy”, 2 a “Sell”, and 10 a ”Hold”. This means that 0 of the ratings are positive. The highest target price is GBX 370 while the lowest target price is GBX 288. The mean of all analyst targets is GBX 344.08 with a 5.69% above today’s (GBX 325.57) stock price. Intu Properties was the topic of 21 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Panmure Gordon maintained shares on November 6 with “Hold” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 360 target share price in a report from an October 13. Numis Securities maintained INTU stock in a recent report from November 6 with “Hold” rating. Morgan Stanley maintained the rating on October 7. Morgan Stanley has a “Hold” rating and a GBX 340 price target on shares. Finally, Goldman Sachs maintained the stock with “Sell” rating in a report issued on a November 3.
The stock increased 0.64% or GBX 2.07 on December 1, striking GBX 325.57. Approximately 2.18M shares of stock traded hands or 17.20% up from the average. Intu Properties PLC (LON:INTU) has declined 4.54% since May 4, 2015 and is downtrending. It has underperformed by 2.92% the S&P500.
Intu Properties PLC is a real estate investment trust . The company has a market cap of 4.38 billion GBP. The Firm is primarily a United Kingdom shopping center focused business. It has 16.42 P/E ratio. The Company’s super-regional centers include the intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol.
According to Zacks Investment Research, “Intuit’s mission is to revolutionize how people manage their financial activities. The company’s objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers’ personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.” Get a free copy of the Zacks research report on Intu Properties PLC (INTU)