Rating Change: Analysts at Exane BNP Paribas Reiterated their Underperform rating for Intu Properties (LON:INTU) with GBX 280.00 TP

November 30, 2016 - By Adrian Mccoy

Intu Properties (LON:INTU) Rating

The financial company have set target price per share of GBX 280.00 on Intu Properties (LON:INTU) shares. This is 2.73% from the previous stock close. In an analyst report revealed to clients on Wednesday, 30 November, Exane BNP Paribas reiterated their Underperform rating on shares of INTU.

Intu Properties PLC (LON:INTU) Ratings Coverage

Out of 17 analysts covering Intu Properties (LON:INTU), 0 rate it a “Buy”, 10 “Sell”, while 7 “Hold”. This means 0 are positive. GBX 380 is the highest target while GBX 210 is the lowest. The GBX 282.29 average target is 3.94% above today’s (GBX 271.6) stock price. Intu Properties has been the topic of 105 analyst reports since July 30, 2015 according to StockzIntelligence Inc. On Thursday, July 30 the stock rating was maintained by Numis Securities with “Hold”. The stock of Intu Properties PLC (LON:INTU) has “Underperform” rating given on Monday, January 25 by Jefferies. Liberum Capital maintained Intu Properties PLC (LON:INTU) on Tuesday, December 1 with “Hold” rating. As per Tuesday, March 22, the company rating was maintained by JP Morgan. As per Thursday, March 24, the company rating was maintained by Numis Securities. The firm has “Underperform” rating by Jefferies given on Monday, June 20. As per Wednesday, May 11, the company rating was maintained by Deutsche Bank. The rating was maintained by Peel Hunt on Thursday, July 28 with “Reduce”. The rating was maintained by Liberum Capital on Wednesday, January 13 with “Hold”. The rating was maintained by Numis Securities on Monday, February 29 with “Hold”.

It is down 10.75% since May 2, 2016 and is downtrending. It has underperformed by 15.97% the S&P500.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on February, 23. They expect $0.14 earnings per share, up 7.69% or $0.01 from last year’s $0.13 per share. INTU’s profit will be $35.82 million for 207.43 P/E if the $0.14 EPS becomes a reality. After $-0.11 actual earnings per share reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -227.27% EPS growth.

Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.18, from 1.04 in 2016Q1. The ratio dropped, as 34 funds sold all Intu Properties PLC shares owned while 221 reduced positions. 58 funds bought stakes while 206 increased positions. They now own 218.24 million shares or 4.85% less from 229.37 million shares in 2016Q1.

The Missouri-based Ent Financial has invested 0.01% in Intu Properties PLC (LON:INTU). Nippon Life Insur accumulated 16,917 shares or 0.05% of the stock. Signature Fincl Mngmt holds 0.15% or 2,842 shares in its portfolio. Rand Wealth Limited Liability Company has 7,200 shares for 0.11% of their US portfolio. Strs Ohio owns 567,793 shares or 0.28% of their US portfolio. Bradley Foster And Sargent Inc Ct has invested 0.04% of its portfolio in Intu Properties PLC (LON:INTU). The Oregon-based Ferguson Wellman Cap Mngmt has invested 0.66% in Intu Properties PLC (LON:INTU). Jackson Park Capital Ltd Limited Liability Company holds 1.83% of its portfolio in Intu Properties PLC (LON:INTU) for 12,000 shares. Next Century Growth Lc accumulated 32,992 shares or 0.17% of the stock. Advantus Mgmt holds 0.08% of its portfolio in Intu Properties PLC (LON:INTU) for 25,280 shares. Euclid Advisors Ltd Liability Corporation holds 35,952 shares or 0.17% of its portfolio. Perritt Management last reported 2,706 shares in the company. New Mexico Educational Retirement Board, a New Mexico-based fund reported 29,828 shares. The United Kingdom-based Troy Asset Management Ltd has invested 0.31% in Intu Properties PLC (LON:INTU). Royal State Bank Of Canada holds 0.11% or 1.57M shares in its portfolio.

Insider Transactions: Since August 25, 2016, the stock had 0 insider purchases, and 12 selling transactions for $15.65 million net activity. 18,567 shares with value of $2.07 million were sold by Wernikoff Daniel A on Wednesday, September 7. 1,892 Intu Properties PLC (LON:INTU) shares with value of $218,477 were sold by FLOURNOY MARK J. On Thursday, August 25 Williams R Neil sold $730,377 worth of the stock or 6,636 shares. $1.16M worth of Intu Properties PLC (LON:INTU) shares were sold by STANSBURY HENRY TAYLOE. Goodarzi Sasan K sold $808,512 worth of Intu Properties PLC (LON:INTU) on Thursday, August 25.

intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The company has a market cap of 3.68 billion GBP. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol. It has a 12.67 P/E ratio. The Firm operates through two divisions: UK and Spain.

According to Zacks Investment Research, “Intuit’s mission is to revolutionize how people manage their financial activities. The company’s objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers’ personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.”

INTU Company Profile

Intuit Inc., incorporated on February 1, 1993, is a well-known provider of business and financial management solutions for small businesses, clients and accounting professionals. The Firm operates through three divisions: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions. The Small Business segment also includes third-party applications that integrate with the Company’s offerings. The Consumer Tax segment targets clients and includes TurboTax income tax preparation services and products. The ProConnect segment targets professional accountants in the United States and Canada. The Company’s ProConnect professional tax offerings include Lacerte, ProSeries, ProFile and ProConnect Tax Online.

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