Intertek Group plc Rating Increased to Hold at Kepler Capital Markets (ITRK)
Intertek Group plc (LON:ITRK) was upgraded by stock analysts at Kepler Capital Markets to a “hold” rating in a report issued on Thursday. The firm currently has a GBX 2,750 ($46.27) price objective on the stock. Kepler Capital Markets’ target price points to a potential upside of 0.18% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Oddo & Cie reiterated a “neutral” rating on shares of Intertek Group plc in a research note on Wednesday. They now have a GBX 3,050 ($51.32) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Intertek Group plc to an “add” rating in a research note on Tuesday. They now have a GBX 3,100 ($52.16) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Intertek Group plc in a research note on Tuesday. They now have a GBX 3,200 ($53.84) price target on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. Intertek Group plc has a consensus rating of “Hold” and a consensus price target of GBX 3,112.80 ($52.38).
Shares of Intertek Group plc (LON:ITRK) traded down 0.18% during mid-day trading on Thursday, hitting GBX 2740.00. The stock had a trading volume of 426,310 shares. Intertek Group plc has a 52 week low of GBX 2502.00 and a 52 week high of GBX 3418.00. The stock has a 50-day moving average of GBX 2687. and a 200-day moving average of GBX 2878.. The company’s market cap is £4.414 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, October 14th. Shareholders of record on Wednesday, October 1st will be paid a dividend of GBX 16 ($0.27) per share. This represents a dividend yield of 0.59%. The ex-dividend date is Wednesday, October 1st.
Intertek Group plc (LON:ITRK) is a provider of quality and safety solutions.
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