Intertek Group plc (ITRK) Receives GBX 4,464.31 Average PT from Analysts
Shares of Intertek Group plc (LON:ITRK) have received a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 4,464.31 ($62.69).
Several research analysts recently commented on ITRK shares. Kepler Capital Markets cut Intertek Group to a “hold” rating and increased their price target for the company from GBX 5,130 ($72.04) to GBX 5,190 ($72.88) in a research report on Tuesday, November 14th. Shore Capital reissued a “sell” rating on shares of Intertek Group in a research report on Tuesday, November 21st. Credit Suisse Group increased their price target on Intertek Group from GBX 4,520 ($63.47) to GBX 5,450 ($76.53) and gave the company an “underperform” rating in a research report on Wednesday, January 3rd. Jefferies Group reissued a “buy” rating and set a GBX 5,300 ($74.43) price target on shares of Intertek Group in a research report on Friday, October 13th. Finally, Berenberg Bank reissued a “hold” rating on shares of Intertek Group in a research report on Thursday, October 12th.
Shares of Intertek Group (LON:ITRK) traded down GBX 4 ($0.06) during midday trading on Friday, hitting GBX 5,046 ($70.86). 167,496 shares of the stock were exchanged, compared to its average volume of 256,848. The firm has a market capitalization of $8,140.00 and a PE ratio of 2,985.80. Intertek Group has a 1-year low of GBX 3,383 ($47.51) and a 1-year high of GBX 5,470 ($76.82).
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Intertek Group 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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