Intertek Group Given Overweight Rating at JPMorgan Chase & Co. (ITRK)
Intertek Group (LON:ITRK)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 3,840 ($60.04) price objective on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 13.17% from the stock’s previous close.
Shares of Intertek Group (LON:ITRK) traded down 0.03% on Thursday, hitting GBX 3392.00. The stock had a trading volume of 427,779 shares. The stock has a 50-day moving average of GBX 3186. and a 200-day moving average of GBX 3233.62. The company’s market cap is £5.465 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Intertek Group (LON:ITRK) from GBX 2,820 ($44.09) to GBX 3,243 ($50.70) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Intertek Group (LON:ITRK) from GBX 3,850 ($60.19) to GBX 3,600 ($56.29) in a research note to investors on Thursday, August 22nd. They now have an “outperform” rating on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Intertek Group (LON:ITRK) in a research note to investors on Friday, August 16th. They now have a GBX 3,500 ($54.72) price target on the stock.
Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the stock. Intertek Group presently has a consensus rating of “Hold” and an average target price of GBX 3,535.34 ($55.27).
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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