Peel Hunt Reaffirms Hold Rating for Intu Properties (LON:INTU)

Intu Properties (LON:INTU)‘s stock had its “hold” rating reiterated by Peel Hunt in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently weighed in on INTU. JPMorgan Chase & Co. downgraded Intu Properties to an “underweight” rating and dropped their price objective for the company from GBX 116 ($1.52) to GBX 94 ($1.23) in a research note on Monday, May 13th. HSBC dropped their price objective on Intu Properties from GBX 121 ($1.58) to GBX 104 ($1.36) and set a “hold” rating for the company in a research note on Wednesday, May 15th. Liberum Capital reaffirmed a “sell” rating on shares of Intu Properties in a research note on Friday, May 3rd. Royal Bank of Canada started coverage on Intu Properties in a research note on Thursday, March 28th. They issued a “sector performer” rating and a GBX 105 ($1.37) price objective for the company. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of Intu Properties in a research note on Thursday, February 21st. Six research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Intu Properties currently has an average rating of “Hold” and a consensus target price of GBX 99.08 ($1.29).

LON INTU opened at GBX 87.30 ($1.14) on Tuesday. Intu Properties has a 1-year low of GBX 84.74 ($1.11) and a 1-year high of GBX 208.90 ($2.73). The company has a market capitalization of $1.17 billion and a P/E ratio of -1.04. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 139.12.

In related news, insider Ian Burke purchased 50,000 shares of the company’s stock in a transaction on Friday, April 5th. The stock was bought at an average price of GBX 104 ($1.36) per share, with a total value of £52,000 ($67,947.21).

About Intu Properties

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.

Recommended Story: How Investors Can Profit from Options Trading

Analyst Recommendations for Intu Properties (LON:INTU)

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.