Intertek Group plc’s “Hold” Rating Reaffirmed at Kepler Capital Markets (ITRK)
Intertek Group plc (LON:ITRK)‘s stock had its “hold” rating reissued by Kepler Capital Markets in a research note issued on Thursday. They currently have a GBX 2,750 ($45.51) target price on the stock. Kepler Capital Markets’ price target would indicate a potential downside of 2.96% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse cut their price target on shares of Intertek Group plc from GBX 3,500 ($57.92) to GBX 3,100 ($51.30) in a research note on Friday, August 22nd. They now have an “outperform” rating on the stock. Separately, analysts at Oddo & Cie reiterated a “neutral” rating on shares of Intertek Group plc in a research note on Wednesday, August 6th. They now have a GBX 3,050 ($50.47) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Intertek Group plc to an “add” rating in a research note on Tuesday, August 5th. They now have a GBX 3,100 ($51.30) price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 3,086.13 ($51.07).
Intertek Group plc (LON:ITRK) opened at 2774.00 on Thursday. 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 2717.08 and a 200-day moving average of GBX 2872.. The company’s market cap is £4.469 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 ($0.26) 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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