Intertek Group plc (ITRK) PT Raised to GBX 5,646 at J P Morgan Chase & Co
Intertek Group plc (LON:ITRK) had its target price increased by equities researchers at J P Morgan Chase & Co from GBX 4,763 ($62.65) to GBX 5,646 ($74.26) in a research note issued to investors on Wednesday. The brokerage currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s target price suggests a potential upside of 9.52% from the stock’s previous close.
A number of other research firms also recently weighed in on ITRK. Berenberg Bank boosted their target price on shares of Intertek Group plc from GBX 4,450 ($58.53) to GBX 4,600 ($60.50) and gave the stock a “hold” rating in a report on Monday, August 21st. Shore Capital restated a “sell” rating on shares of Intertek Group plc in a report on Tuesday. Barclays PLC restated an “equal weight” rating and issued a GBX 4,350 ($57.21) target price on shares of Intertek Group plc in a report on Wednesday, August 2nd. Jefferies Group LLC restated a “buy” rating and issued a GBX 5,300 ($69.71) target price on shares of Intertek Group plc in a report on Friday, October 13th. Finally, Kepler Capital Markets downgraded shares of Intertek Group plc to a “hold” rating and boosted their target price for the stock from GBX 5,130 ($67.47) to GBX 5,190 ($68.26) in a report on Tuesday, November 14th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 4,371.86 ($57.50).
Shares of Intertek Group plc (LON:ITRK) opened at GBX 5,155 ($67.80) on Wednesday. Intertek Group plc has a fifty-two week low of GBX 3,161 ($41.58) and a fifty-two week high of GBX 5,470 ($71.95).
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Intertek Group plc Company Profile
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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