Intertek Group Given Buy Rating at Berenberg Bank (ITRK)
Intertek Group (LON:ITRK)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Wednesday, Analyst Ratings News reports. They currently have a GBX 3,300 ($52.94) price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 3.06% from the stock’s previous close.
A number of other firms have also recently commented on ITRK. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Intertek Group from GBX 3,900 ($62.57) to GBX 3,916 ($62.83) in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Intertek Group in a research note to investors on Monday, September 16th. They now have a GBX 3,940 ($63.21) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Intertek Group in a research note to investors on Thursday, September 12th. They now have a GBX 3,840 ($61.61) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. Intertek Group currently has a consensus rating of “Hold” and an average target price of GBX 3,528.80 ($56.61).
Intertek Group (LON:ITRK) traded down 1.87% on Wednesday, hitting GBX 3142.00. The stock had a trading volume of 128,217 shares. Intertek Group has a 52 week low of GBX 2689.00 and a 52 week high of GBX 3509.9998. The stock’s 50-day moving average is GBX 3250. and its 200-day moving average is GBX 3237.. The company’s market cap is £5.062 billion.
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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