Intertek Group plc (ITRK) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Intertek Group plc (LON:ITRK) have received an average rating of “Hold” from the sixteen ratings firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 4,354.31 ($58.60).
Several research analysts have recently weighed in on the company. Jefferies Group restated a “buy” rating and set a GBX 5,300 ($71.33) target price on shares of Intertek Group in a report on Friday, October 13th. Barclays boosted their target price on Intertek Group from GBX 4,350 ($58.55) to GBX 4,750 ($63.93) and gave the stock an “equal weight” rating in a report on Wednesday, November 22nd. Kepler Capital Markets restated a “hold” rating and set a GBX 5,190 ($69.85) target price on shares of Intertek Group in a report on Wednesday, November 22nd. Berenberg Bank restated a “hold” rating on shares of Intertek Group in a report on Thursday, October 12th. Finally, J P Morgan Chase & Co boosted their target price on Intertek Group from GBX 4,763 ($64.10) to GBX 5,646 ($75.99) and gave the stock an “overweight” rating in a report on Wednesday, November 22nd.
Intertek Group (LON:ITRK) traded down GBX 88.17 ($1.19) during trading hours on Friday, reaching GBX 5,050 ($67.97). The company’s stock had a trading volume of 622,957 shares, compared to its average volume of 395,668. Intertek Group has a 52 week low of GBX 3,163 ($42.57) and a 52 week high of GBX 5,470 ($73.62).
About Intertek Group
Intertek Group PLC is a United Kingdom-based company, which offers quality assurance services. The Company’s segments include Products, Trade and Resources. The Products-related division consists of business lines that are focused on ensuring the quality and safety of physical components and products, as well minimizing risk through assessing the operating process and quality management systems of its customers.
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