INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) Downgraded by Goldman Sachs Group
Goldman Sachs Group cut shares of INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) from a neutral rating to a sell rating in a research report released on Monday, The Fly reports.
Separately, Zacks Investment Research raised SCHNEIDER ELEC /ADR from a hold rating to a buy rating and set a $20.00 price objective on the stock in a research report on Friday, July 5th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. INTERTEK GRP PL/ADR presently has an average rating of Hold.
Shares of INTERTEK GRP PL/ADR stock opened at $68.45 on Monday. The firm has a fifty day simple moving average of $69.72. The company has a market cap of $11.05 billion, a P/E ratio of 25.83, a PEG ratio of 4.38 and a beta of 0.82. INTERTEK GRP PL/ADR has a 52 week low of $56.42 and a 52 week high of $80.35.
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, 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.
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