Several other equities research analysts have also commented on INTU. Deutsche Bank lowered shares of Intu Properties to a sell rating and decreased their price objective for the company from GBX 210 ($2.74) to GBX 150 ($1.96) in a research note on Thursday, July 12th. Peel Hunt reiterated a reduce rating and issued a GBX 165 ($2.16) price objective (down previously from GBX 180 ($2.35)) on shares of Intu Properties in a research note on Thursday, July 26th. Numis Securities reiterated a hold rating on shares of Intu Properties in a research note on Thursday, July 26th. Barclays decreased their price objective on shares of Intu Properties from GBX 180 ($2.35) to GBX 160 ($2.09) and set an underweight rating for the company in a research note on Monday, August 6th. Finally, Berenberg Bank started coverage on shares of Intu Properties in a research note on Wednesday, August 29th. They issued a buy rating and a GBX 230 ($3.01) price objective for the company. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 190.36 ($2.49).
INTU opened at GBX 180.45 ($2.36) on Monday. Intu Properties has a fifty-two week low of GBX 188.90 ($2.47) and a fifty-two week high of GBX 291.60 ($3.81).
The business also recently announced a dividend, which will be paid on Tuesday, November 20th. Stockholders of record on Thursday, October 18th will be given a dividend of GBX 4.60 ($0.06) per share. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, October 18th.
Intu Properties 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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