Intertek Group plc Given Average Rating of “Hold” by Analysts (LON:ITRK)
Shares of Intertek Group plc (LON:ITRK) have earned a consensus recommendation of “Hold” from the sixteen brokerages that are presently covering the stock, Analyst Ratings Network reports. Two equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 3,298.80 ($56.14).
A number of research firms have recently commented on ITRK. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Intertek Group plc in a research note on Thursday, June 19th. They now have a GBX 3,500 ($59.56) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Intertek Group plc from GBX 3,650 ($62.12) to GBX 3,465 ($58.97) in a research note on Tuesday, June 3rd. They now have a “buy” rating on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Intertek Group plc in a research note on Friday, May 30th. They now have a GBX 3,200 ($54.46) price target on the stock.
Intertek Group plc (LON:ITRK) opened at 2753.00 on Tuesday. Intertek Group plc has a 52-week low of GBX 2778.00 and a 52-week high of GBX 3418.00. The stock has a 50-day moving average of GBX 2911. and a 200-day moving average of GBX 2957.. The company’s market cap is £4.433 billion.
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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