Intertek Gp Plc (IKTSY) Cut to “Hold” at Zacks Investment Research
Intertek Gp Plc (OTCMKTS:IKTSY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.
According to Zacks, “Intertek Group plc provides assurance, testing, inspection and certification solutions. It serves laboratories and offices. Intertek Group plc is headquartered in London, the United Kingdom. “
Separately, UBS AG restated a “neutral” rating on shares of Intertek Gp Plc in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $73.00.
Intertek Gp Plc (IKTSY) traded up 0.82% during midday trading on Friday, hitting $66.04. The stock had a trading volume of 85 shares. Intertek Gp Plc has a 1-year low of $39.25 and a 1-year high of $66.04. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 30.18 and a beta of 0.85. The company has a 50-day moving average of $63.06 and a 200-day moving average of $54.92.
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Intertek Gp Plc Company Profile
Intertek Group Plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, and inspection and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification services.
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