Intertek Group plc (ITRK) Given Average Rating of “Hold” by Brokerages

Intertek Group plc (LON:ITRK) has been given a consensus recommendation of “Hold” by the sixteen analysts that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 4,464.31 ($60.54).

Several research analysts have recently issued reports on the stock. Kepler Capital Markets downgraded shares of Intertek Group to a “hold” rating and boosted their price objective for the stock from GBX 5,130 ($69.57) to GBX 5,190 ($70.38) in a report on Tuesday, November 14th. Shore Capital reissued a “sell” rating on shares of Intertek Group in a research note on Tuesday, November 21st. Credit Suisse Group upped their target price on shares of Intertek Group from GBX 4,520 ($61.30) to GBX 5,450 ($73.91) and gave the company an “underperform” rating in a research note on Wednesday, January 3rd. Jefferies Group reissued a “buy” rating and issued a GBX 5,300 ($71.87) target price on shares of Intertek Group in a research note on Friday, October 13th. Finally, Berenberg Bank reissued a “hold” rating on shares of Intertek Group in a research note on Thursday, October 12th.

Intertek Group (ITRK) traded up GBX 40 ($0.54) during trading hours on Friday, hitting GBX 5,070 ($68.76). 558,125 shares of the stock traded hands, compared to its average volume of 264,669. Intertek Group has a one year low of GBX 3,383 ($45.88) and a one year high of GBX 5,470 ($74.18). The company has a market cap of $8,180.00 and a P/E ratio of 3,000.00.

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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.

Analyst Recommendations for Intertek Group (LON:ITRK)

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