Credit Suisse sees risks ahead for Intu, cuts recommendation
18th Dec 2018 11:36
(Sharecast News) - Credit Suisse has cut its target price for Intu Properties and reduced its recommendation to 'underperform' as hopes of renewed takeover interest fade.
Read moreFriday broker round-up
30th Nov 2018 12:55
(Sharecast News) - BTG: Jefferies downgrades to hold with a target price of 840p.
Read moreIntu Properties agrees trio of disposals for £25m
30th Nov 2018 10:20
(Sharecast News) - A day after revealing that a consortium led by its deputy chairman had pulled its £2.9bn takeover offer for the shopping centre owner, Intu Properties announced a trio of property disposals for £25.3m.
Read moreThursday broker round-up
29th Nov 2018 15:05
(Sharecast News) - Cobham: Berenberg upgrades to buy with a target price of 124
Read moreIntu shares plunge as Peel consortium pulls offer
29th Nov 2018 07:35
(Sharecast News) - Shares in shopping centre owner Intu Properties plunged more than 35% on Thursday after Brexit uncertainties forced a consortium led by its deputy chairman John Whittaker to pull its £2.9bn takeover offer.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreMike Ashley said to threaten closing all Intu stores in rent row
26th Nov 2018 08:56
(Sharecast News) - Intu Properties was in the red on Monday following a report over the weekend that Sports Direct founder Mike Ashley has threatened to shut all of his stores in Intu shopping centres in a row over new rent terms for House of Fraser sites.
Read moreIntu pushes back offer deadline again
22nd Nov 2018 08:32
(Sharecast News) - Intu's suitors have made "substantial progress" towards financing a possible offer for the shopping centre owner but, needing a just a little more time, the deadline to make a formal offer has been pushed back again.
Read moreIntu grants Peel-led consortium more time to bid
31st Oct 2018 07:52
(Sharecast News) - Shopping centre owner Intu Properties on Wednesday said it had given a consortium led by its deputy chairman John Whittaker until November 15 to make an offer.
Read moreIntu cuts rental FY rental estimates after tenant failures
23rd Oct 2018 09:20
(Sharecast News) - Shopping centre owner Intu Properties, which is mulling a £2.8bn takeover offer, on Tuesday cut its full year like-for-like net rental income growth forecast, citing tenant failures.
Read moreIntu bid approach 'well timed', says Berenberg
19th Oct 2018 14:23
(Sharecast News) - Berenberg downgraded its stance on Intu Properties to 'hold' from 'buy' on Friday as it cut the price target down to 210p from 230p, in line with the indicative offer the shopping centre owner has received from a consortium led by one of its senior directors.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreIntu confirms £2.8bn offer from Peel-led consortium
19th Oct 2018 07:36
(Sharecast News) - Shopping centre owner Intu on Friday confirmed it had received an approach from a consortium led by one of its senior directors to buy the company at 210p a share, valuing it at £2.8bn.
Read moreIntu makes solid leasing progress with several new brands
18th Oct 2018 07:18
(Sharecast News) - Intu Properties updated the market on its leasing activity on Thursday, reporting that Mazda, Shortlist Media, Monki, Oliver Bonas and Typo were among the latest brands to sign new leases with the owner and manager of UK and Spain shopping centres.
Read moreFriday broker round-up
5th Oct 2018 13:40
(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.
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