Zacks Investment Research Upgrades Intertek Group (IKTSY) to “Hold”
Intertek Group (OTCMKTS:IKTSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “Intertek Group plc provides assurance, testing, inspection and certification solutions. It serves laboratories and offices. Intertek Group plc is headquartered in London, the United Kingdom. “
A number of other research analysts have also recently commented on IKTSY. Credit Suisse Group AG cut shares of Intertek Group from a “neutral” rating to an “underperform” rating in a report on Tuesday, January 17th. Berenberg Bank raised shares of Intertek Group from a “hold” rating to a “buy” rating in a report on Thursday, January 19th. Finally, BNP Paribas cut shares of Intertek Group from an “outperform” rating to a “neutral” rating in a report on Wednesday, March 8th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold”.
Shares of Intertek Group (OTCMKTS:IKTSY) opened at 50.45 on Wednesday. The company has a 50 day moving average of $47.75 and a 200 day moving average of $43.79. Intertek Group has a 12 month low of $39.25 and a 12 month high of $50.45. The stock has a market cap of $8.12 billion, a P/E ratio of 25.81 and a beta of 0.90.
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