Intertek Group plc (LON:ITRK) Given Consensus Rating of “Moderate Buy” by Brokerages

Intertek Group plc (LON:ITRK) has earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 5,466.17.

Several research firms recently issued reports on ITRK. Royal Bank Of Canada raised shares of Intertek Group to an “outperform” rating and increased their price target for the stock from GBX 4,475 to GBX 5,850 in a research report on Tuesday, May 5th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,000 price objective on shares of Intertek Group in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 5,030 target price on shares of Intertek Group in a research report on Thursday, April 16th.

Intertek Group Stock Performance

Shares of Intertek Group stock opened at GBX 5,810 on Wednesday. Intertek Group has a 52-week low of GBX 3,519.42 and a 52-week high of GBX 5,820. The firm has a market capitalization of £8.92 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 1.99 and a beta of 0.97. The company has a debt-to-equity ratio of 152.20, a current ratio of 1.08 and a quick ratio of 1.19. The company’s fifty day moving average price is GBX 5,476.61 and its two-hundred day moving average price is GBX 4,728.02.

Intertek Group Company Profile

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.