Intu Properties (LON:INTU) had its price objective decreased by Credit Suisse Group from GBX 40 ($0.52) to GBX 31 ($0.41) in a research note released on Thursday morning, ThisIsMoney.Co.Uk reports. Credit Suisse Group currently has an underperform rating on the real estate investment trust’s stock.
INTU has been the subject of a number of other reports. Barclays reduced their price target on shares of Intu Properties from GBX 85 ($1.11) to GBX 40 ($0.52) and set an underweight rating for the company in a report on Thursday, August 8th. Deutsche Bank cut shares of Intu Properties to a sell rating and reduced their price target for the stock from GBX 70 ($0.91) to GBX 30 ($0.39) in a report on Thursday. UBS Group restated a sell rating on shares of Intu Properties in a report on Friday, November 1st. Liberum Capital restated a sell rating and issued a GBX 30 ($0.39) price target on shares of Intu Properties in a report on Wednesday. Finally, Berenberg Bank reduced their price target on shares of Intu Properties from GBX 100 ($1.31) to GBX 30 ($0.39) and set a hold rating for the company in a report on Thursday, August 15th. Eight research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Intu Properties presently has an average rating of Sell and an average price target of GBX 54.85 ($0.72).
LON:INTU traded up GBX 0.38 ($0.00) during trading hours on Thursday, reaching GBX 35.28 ($0.46). The company had a trading volume of 11,008,463 shares, compared to its average volume of 4,510,000. The company has a quick ratio of 0.76, a current ratio of 1.26 and a debt-to-equity ratio of 180.76. The firm has a market cap of $461.53 million and a price-to-earnings ratio of -0.32. The business’s 50-day simple moving average is GBX 43.52 and its two-hundred day simple moving average is GBX 65.54. Intu Properties has a twelve month low of GBX 30.20 ($0.39) and a twelve month high of GBX 197 ($2.57).
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.
Featured Story: The components of the Stochastic Momentum Index
Receive News & Ratings for Intu Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties and related companies with MarketBeat.com's FREE daily email newsletter.