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Real estate industry

Deutsche Bank Upgrades Intu Properties PLC to Buy Rating, Provides Coverage on Metaldyne Performance Group Inc.

Strategic Insights

— 1 min read

Intu Properties PLC, a leading Real Estate Investment Trust (REIT) in the United Kingdom, has been upgraded to a buy rating by Deutsche Bank, in a report issued by the firm on Wednesday. This change in rating comes as part of a broader series of actions taken by Deutsche Bank on various stocks. Additionally, the firm has reiterated its buy rating on Smith & Nephew plc (ADR) and hold rating on CRH PLC (ADR), while initiating coverage on Metaldyne Performance Group Inc., issuing a buy rating with a $21.00 price target.

Key Takeaways:

  • Deutsche Bank upgraded Intu Properties PLC to a buy rating, indicating a positive view of the company's prospects.
  • The firm reiterated its buy rating on Smith & Nephew plc (ADR) and hold rating on CRH PLC (ADR), demonstrating confidence in these companies.
  • Deutsche Bank initiated coverage on Metaldyne Performance Group Inc., issuing a buy rating with a $21.00 price target, indicating a positive outlook on the company's future performance.
  • Other analysts, including Jefferies Group, JPMorgan Chase & Co., Liberum Capital, and Barclays, have provided research notes on Intu Properties PLC, but their views are more cautious, ranging from hold to sell ratings.
  • The current consensus rating on Intu Properties PLC is hold, based on ratings from four sell, two hold, and one buy ratings from research analysts.
  • Intu Properties PLC is a REIT with a diverse portfolio of five major out-of-town shopping centers in the United Kingdom, including the Trafford Centre, Lakeside, Metrocentre, Braehead, and Cribbs Causeway.

Statistics:

  • 4 research analysts have rated Intu Properties PLC with a sell rating.
  • 2 research analysts have issued a hold rating on Intu Properties PLC.
  • 1 research analyst has given a buy rating to Intu Properties PLC.
  • The consensus rating on Intu Properties PLC is hold.
  • Deutsche Bank initiated coverage on Metaldyne Performance Group Inc. with a buy rating and a $21.00 price target.

Sources:

  • Deutsche Bank report on Intu Properties PLC, issued on Wednesday.
  • Jefferies Group research note on Intu Properties PLC, issued on Monday.
  • JPMorgan Chase & Co. research note on Intu Properties PLC, issued on Tuesday, January 6th.
  • Liberum Capital research note on Intu Properties PLC, issued on Friday, January 2nd.
  • Barclays research note on Intu Properties PLC, issued on Thursday, December 18th.

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