Intertek Group plc Stock Rating Reaffirmed by Credit Suisse (ITRK)
Intertek Group plc (LON:ITRK)‘s stock had its “outperform” rating reaffirmed by Credit Suisse in a research note issued on Monday. They currently have a GBX 3,500 ($59.62) price objective on the stock. Credit Suisse’s target price would indicate a potential upside of 28.21% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Intertek Group plc in a research note on Friday. They now have a GBX 3,200 ($54.51) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Intertek Group plc from GBX 3,650 ($62.17) to GBX 3,465 ($59.02) 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 ($54.51) price target on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 3,265.47 ($55.62).
Shares of Intertek Group plc (LON:ITRK) opened at 2732.00 on Monday. Intertek Group plc has a 52 week low of GBX 2697.22 and a 52 week high of GBX 3418.00. The stock has a 50-day moving average of GBX 2886. and a 200-day moving average of GBX 2951.06. The company’s market cap is £4.400 billion.
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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