Intertek Group plc’s Outperform Rating Reaffirmed at BNP Paribas (ITRK)
Intertek Group plc (LON:ITRK)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a note issued to investors on Wednesday. They currently have a GBX 3,600 ($61.75) price target on the stock. BNP Paribas’ target price suggests a potential upside of 33.38% from the stock’s previous close.
Intertek Group plc (LON:ITRK) traded down 0.99% during mid-day trading on Wednesday, hitting GBX 2699.00. 437,272 shares of the company’s stock traded hands. Intertek Group plc has a 52 week low of GBX 2695.00 and a 52 week high of GBX 3418.00. The stock’s 50-day moving average is GBX 2820.40 and its 200-day moving average is GBX 2938.06. The company’s market cap is £4.346 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oddo & Cie reiterated a “neutral” rating on shares of Intertek Group plc in a research note on Tuesday. They now have a GBX 3,050 ($52.32) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Intertek Group plc in a research note on Wednesday, July 2nd. They now have a GBX 2,900 ($49.74) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Intertek Group plc in a research note on Monday, June 30th. They now have a GBX 3,500 ($60.03) price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 3,235.47 ($55.50).
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.