Intertek Group Receives Neutral Rating from Credit Suisse (ITRK)
Intertek Group (LON:ITRK)‘s stock had its “neutral” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Friday, AR Network reports. They currently have a GBX 3,200 ($53.63) price objective on the stock. Credit Suisse’s target price would suggest a potential upside of 5.96% from the company’s current price.
ITRK has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Intertek Group in a research note on Wednesday, February 12th. They now have a GBX 2,987 ($50.06) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Intertek Group in a research note on Monday, January 20th. They now have a GBX 3,240 ($54.30) price target on the stock. Finally, analysts at Berenberg Bank downgraded shares of Intertek Group to a “hold” rating in a research note on Thursday, January 16th. They now have a GBX 3,000 ($50.28) price target on the stock, down previously from GBX 3,300 ($55.30). Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 3,453.56 ($57.88).
Shares of Intertek Group (LON:ITRK) traded up 0.30% on Friday, hitting GBX 3020.00. 406,878 shares of the company’s stock traded hands. Intertek Group has a 1-year low of GBX 2788.00 and a 1-year high of GBX 3509.9998. The stock’s 50-day moving average is GBX 2953.11 and its 200-day moving average is GBX 3132.87. The company’s market cap is £4.865 billion.
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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