Intu Properties plc common stock (LON:INTU)‘s stock had its “neutral” rating reaffirmed by investment analysts at UBS Group in a report released on Wednesday, investing.thisismoney.co.uk reports. They presently have a GBX 160 ($2.06) price objective on the real estate investment trust’s stock, down from their prior price objective of GBX 200 ($2.58). UBS Group’s price objective suggests a potential upside of 6.95% from the stock’s previous close.
Other analysts have also issued research reports about the company. Berenberg Bank started coverage on Intu Properties plc common stock in a report on Wednesday, August 29th. They issued a “buy” rating and a GBX 230 ($2.97) target price on the stock. Numis Securities reiterated a “hold” rating on shares of Intu Properties plc common stock in a research report on Thursday, July 26th. Liberum Capital reiterated a “hold” rating on shares of Intu Properties plc common stock in a research report on Friday, July 20th. JPMorgan Chase & Co. reduced their price objective on Intu Properties plc common stock from GBX 275 ($3.55) to GBX 220 ($2.84) and set a “neutral” rating for the company in a research report on Friday, May 11th. Finally, Peel Hunt reiterated a “reduce” rating and issued a GBX 165 ($2.13) price objective (down previously from GBX 180 ($2.32)) on shares of Intu Properties plc common stock in a research report on Thursday, July 26th. Seven investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 189.29 ($2.44).
INTU opened at GBX 149.60 ($1.93) on Wednesday. Intu Properties plc common stock has a 12-month low of GBX 188.90 ($2.44) and a 12-month high of GBX 291.60 ($3.76).
Intu Properties plc common stock (LON:INTU) last released its earnings results on Thursday, July 26th. The real estate investment trust reported GBX 7.30 ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 7.50 ($0.10) by GBX (0.20) ($0.00). Intu Properties plc common stock had a net margin of 39.93% and a return on equity of 5.08%.
Intu Properties plc common stock Company Profile
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 10 of the top-25, 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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