BNP Paribas lowered shares of Intu Properties (LON: INTU) from a neutral rating to an underperform rating in a report released on Friday, Analyst Ratings Network.com reports. BNP Paribas currently has GBX 300 ($4.53) price objective on the stock, down from their previous price objective of GBX 330 ($4.98).
BNP Paribas has also taken action a number of other stocks recently. The firm downgraded shares of Portugal Telecom, SGPS from a neutral rating to an underperform rating. Also, BNP Paribas downgraded shares of Siliconware Precisio to a reduce rating. Finally, BNP Paribas reiterated its outperform rating on shares of Barclays Capital.
Shares of Intu Properties (LON: INTU) traded up 0.18% during mid-day trading on Friday, hitting GBX 331.60. Intu Properties has a one year low of GBX 271.638 and a one year high of GBX 363.00. The stock’s 50-day moving average is currently GBX 0..
A number of other firms have also recently commented on INTU. Analysts at Barclays Capital reiterated an overweight rating on shares of Intu Properties in a research note to investors on Monday, July 8th. They now have a GBX 409 ($6.18) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Intu Properties in a research note to investors on Thursday, July 4th. They now have a GBX 410 ($6.19) price target on the stock. Finally, analysts at Societe Generale upgraded shares of Intu Properties from a sell rating to a hold rating in a research note to investors on Thursday, June 20th. They now have a GBX 340 ($5.14) price target on the stock, up previously from GBX 320 ($4.83).
Seven analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 338.58 ($5.11).
Intu Properties PLC, formerly Capital Shopping Centres Group PLC, is a Real Estate Investment Trust (LON: INTU).
