Macquarie reissued their outperform rating on shares of Intu Properties PLC (LON:INTU) in a research note released on Thursday. The brokerage currently has a GBX 320 ($4.03) price target on the real estate investment trust’s stock.
A number of other equities analysts have also issued reports on INTU. Jefferies Group LLC reiterated an underperform rating and issued a GBX 229 ($2.88) target price on shares of Intu Properties PLC in a research report on Friday, February 24th. Canaccord Genuity increased their target price on shares of Intu Properties PLC from GBX 275 ($3.46) to GBX 280 ($3.52) and gave the company a hold rating in a research report on Tuesday, February 28th. BNP Paribas reiterated an underperform rating and issued a GBX 280 ($3.52) target price on shares of Intu Properties PLC in a research report on Tuesday, January 3rd. Numis Securities Ltd reiterated a reduce rating and issued a GBX 238 ($3.00) target price on shares of Intu Properties PLC in a research report on Thursday, February 23rd. Finally, JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 310 ($3.90) target price on shares of Intu Properties PLC in a research report on Wednesday, December 14th. Ten analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Sell and an average target price of GBX 272 ($3.42).
Intu Properties PLC (LON:INTU) traded up 2.54% during midday trading on Thursday, reaching GBX 274.80. 3,787,373 shares of the company’s stock traded hands. Intu Properties PLC has a 1-year low of GBX 254.70 and a 1-year high of GBX 319.90. The company’s market capitalization is GBX 3.69 billion. The firm’s 50 day moving average price is GBX 281.05 and its 200-day moving average price is GBX 276.99.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 25th. Investors of record on Thursday, April 20th will be given a dividend of GBX 9.40 ($0.12) per share. This represents a yield of 3.23%. The ex-dividend date is Thursday, April 20th. This is a positive change from Intu Properties PLC’s previous dividend of $4.60.
In related news, insider David Fischel sold 15,567 shares of the firm’s stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of GBX 279 ($3.51), for a total transaction of £43,431.93 ($54,665.74). Also, insider John Whittaker acquired 8,800 shares of the business’s stock in a transaction that occurred on Monday, March 6th. The shares were acquired at an average cost of GBX 283 ($3.56) per share, for a total transaction of £24,904 ($31,345.50).
About Intu Properties PLC
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.
Receive News & Ratings for Intu Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties PLC and related companies with MarketBeat.com's FREE daily email newsletter.