Intertek Group plc (ITRK) Stock Rating Reaffirmed by Credit Suisse Group
Intertek Group plc (LON:ITRK)‘s stock had its “underperform” rating reissued by research analysts at Credit Suisse Group in a research report issued on Thursday. They presently have a GBX 4,520 ($59.45) target price on the stock. Credit Suisse Group’s price target would indicate a potential downside of 12.23% from the company’s previous close.
ITRK has been the topic of several other reports. Kepler Capital Markets cut shares of Intertek Group plc to a “hold” rating and upped their price target for the company from GBX 5,130 ($67.47) to GBX 5,190 ($68.26) in a report on Tuesday, November 14th. Jefferies Group LLC boosted their target price on shares of Intertek Group plc from GBX 4,900 ($64.45) to GBX 5,300 ($69.71) and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Barclays PLC boosted their target price on shares of Intertek Group plc from GBX 4,350 ($57.21) to GBX 4,750 ($62.48) and gave the company an “equal weight” rating in a research note on Wednesday. Shore Capital reiterated a “sell” rating on shares of Intertek Group plc in a research note on Tuesday, August 8th. Finally, Berenberg Bank reiterated a “hold” rating on shares of Intertek Group plc in a research note on Thursday, October 12th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 4,371.86 ($57.50).
Shares of Intertek Group plc (LON:ITRK) opened at GBX 5,150 ($67.74) on Thursday. Intertek Group plc has a twelve month low of GBX 3,161 ($41.58) and a twelve month 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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