Intertek Group plc Given “Hold” Rating at Societe Generale (ITRK)
Intertek Group plc (LON:ITRK)‘s stock had its “hold” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Friday, AR Network reports. They currently have a GBX 3,300 ($55.58) price objective on the stock. Societe Generale’s target price points to a potential upside of 6.80% from the stock’s previous close.
Intertek Group plc (LON:ITRK) opened at 2914.00 on Friday. Intertek Group plc has a 1-year low of GBX 2788.00 and a 1-year high of GBX 3468.00. The stock’s 50-day moving average is GBX 2971. and its 200-day moving average is GBX 3012.40. The company’s market cap is £4.693 billion.
A number of other analysts have also recently weighed in on ITRK. Analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Intertek Group plc in a research note on Friday. They now have a GBX 3,065 ($51.63) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Intertek Group plc in a research note on Tuesday. They now have a GBX 3,700 ($62.32) price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Intertek Group plc to an “outperform” rating in a research note on Friday, May 9th. They now have a GBX 3,500 ($58.95) price target on the stock, up previously from GBX 3,200 ($53.90). Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 3,419.06 ($57.59).
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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