Brokerages Set Intertek Group plc (LON:ITRK) PT at GBX 5,090

Shares of Intertek Group plc (LON:ITRK) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 4,968 ($64.92).

Several research firms recently issued reports on ITRK. Numis Securities reissued a “buy” rating on shares of 3i Group in a report on Thursday, May 16th. UBS Group reaffirmed a “buy” rating and set a GBX 2,900 ($37.89) price objective on shares of Royal Dutch Shell in a report on Wednesday, May 29th. Kepler Capital Markets set a €43.50 ($50.58) price objective on shares of CTS Eventim AG & Co KGaA and gave the company a “buy” rating in a report on Friday, May 24th. Jefferies Financial Group reaffirmed a “hold” rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Finally, Deutsche Bank increased their price objective on shares of Spirit Airlines from $75.00 to $79.00 and gave the company a “buy” rating in a report on Friday.

Intertek Group stock remained flat at $GBX 5,510 ($72.00) during midday trading on Friday. 224,414 shares of the company traded hands, compared to its average volume of 450,024. The business’s 50-day simple moving average is GBX 5,492.24. The company has a market capitalization of $8.89 billion and a PE ratio of 31.54. Intertek Group has a one year low of GBX 4,323 ($56.49) and a one year high of GBX 6,084 ($79.50). The company has a quick ratio of 1.18, a current ratio of 1.25 and a debt-to-equity ratio of 108.46.

Intertek Group Company Profile

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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Analyst Recommendations for Intertek Group (LON:ITRK)

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