Intertek Gp Plc (IKTSY) Downgraded by Zacks Investment Research
Zacks Investment Research lowered shares of Intertek Gp Plc (OTCMKTS:IKTSY) from a buy rating to a hold rating in a research note released on Wednesday morning.
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 reaffirmed a neutral rating on shares of Intertek Gp Plc in a report on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $73.00.
Intertek Gp Plc (OTCMKTS IKTSY) opened at 65.00 on Wednesday. The company’s 50 day moving average is $64.96 and its 200 day moving average is $57.05. The firm has a market cap of $10.46 billion, a P/E ratio of 29.10 and a beta of 0.85. Intertek Gp Plc has a 52-week low of $39.25 and a 52-week high of $66.04.
The company also recently disclosed a None dividend, which will be paid on Monday, October 30th. Stockholders of record on Friday, September 29th will be given a $0.27 dividend. The ex-dividend date of this dividend is Thursday, September 28th.
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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