Intertek Group (LON:ITRK) Receives Hold Rating from Shore Capital

Shore Capital reaffirmed their hold rating on shares of Intertek Group (LON:ITRKGet Rating) in a report released on Thursday, Marketbeat Ratings reports.

ITRK has been the subject of several other research reports. JPMorgan Chase & Co. cut their target price on Intertek Group from GBX 4,900 ($57.94) to GBX 4,700 ($55.58) and set a neutral rating for the company in a research note on Monday, October 10th. Citigroup upgraded Intertek Group to a buy rating in a report on Tuesday, September 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of GBX 5,028.67 ($59.46).

Intertek Group Stock Performance

Shares of Intertek Group stock opened at GBX 4,004 ($47.35) on Thursday. The business’s 50 day moving average price is GBX 3,803.66 and its 200 day moving average price is GBX 4,159.44. The company has a debt-to-equity ratio of 118.86, a quick ratio of 1.19 and a current ratio of 1.21. The company has a market cap of £6.46 billion and a price-to-earnings ratio of 2,205.46. Intertek Group has a one year low of GBX 3,485 ($41.21) and a one year high of GBX 5,824 ($68.87).

Intertek Group Company Profile

(Get Rating)

Intertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, and internationally. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, 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.

Further Reading

Analyst Recommendations for Intertek Group (LON:ITRK)

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