Intu Properties PLC (LON:INTU)‘s stock had its “neutral” rating reaffirmed by J P Morgan Chase & Co in a research note issued on Monday, July 31st. They presently have a GBX 310 ($4.02) price target on the real estate investment trust’s stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 26.17% from the company’s current price.
Other research analysts also recently issued reports about the company. Goldman Sachs Group, Inc. (The) raised Intu Properties PLC to a “buy” rating and set a GBX 311 ($4.04) target price on the stock in a report on Thursday, June 15th. Peel Hunt reissued a “hold” rating and issued a GBX 300 ($3.89) target price on shares of Intu Properties PLC in a report on Thursday, July 27th. Citigroup Inc. reissued a “neutral” rating and issued a GBX 300 ($3.89) target price on shares of Intu Properties PLC in a report on Monday, July 24th. Numis Securities Ltd reissued a “reduce” rating and issued a GBX 247 ($3.21) target price on shares of Intu Properties PLC in a report on Wednesday, May 3rd. Finally, Liberum Capital reissued a “sell” rating and issued a GBX 240 ($3.12) target price on shares of Intu Properties PLC in a report on Tuesday, June 6th. Eight equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Intu Properties PLC presently has an average rating of “Hold” and a consensus price target of GBX 277.38 ($3.60).
Shares of Intu Properties PLC (LON INTU) opened at 245.70 on Monday. The company has a 50 day moving average price of GBX 263.10 and a 200 day moving average price of GBX 272.19. Intu Properties PLC has a one year low of GBX 245.30 and a one year high of GBX 319.40. The company’s market cap is GBX 3.30 billion.
In other Intu Properties PLC news, insider John Whittaker bought 332,500 shares of the company’s stock in a transaction on Thursday, June 8th. The stock was bought at an average price of GBX 266 ($3.45) per share, for a total transaction of £884,450 ($1,148,189.02). Also, insider David Fischel sold 23,957 shares of the company’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of GBX 268 ($3.48), for a total transaction of £64,204.76 ($83,350.33). Insiders have acquired a total of 1,004,500 shares of company stock valued at $269,187,000 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.
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