Deutsche Bank Reiterates Hold Rating for Intertek Group (ITRK)
Intertek Group (LON:ITRK)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 3,243 ($52.47) target price on the stock. Deutsche Bank’s price objective would indicate a potential downside of 2.08% from the stock’s previous close.
Intertek Group (LON:ITRK) traded down 0.12% during mid-day trading on Tuesday, hitting GBX 3312.00. The stock had a trading volume of 197,936 shares. Intertek Group has a 1-year low of GBX 2754.00 and a 1-year high of GBX 3510.00. The stock’s 50-day moving average is GBX 3302.63 and its 200-day moving average is GBX 3211.. The company’s market cap is £5.336 billion.
A number of other analysts have also recently weighed in on ITRK. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Intertek Group in a research note to investors on Wednesday, October 9th. They now have a GBX 3,300 ($53.39) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Intertek Group from GBX 3,900 ($63.10) to GBX 3,916 ($63.36) in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Finally, 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 ($63.74) price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 3,528.80 ($57.09).
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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