Zacks Investment Research Upgrades INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) to Buy

Zacks Investment Research upgraded shares of INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) from a sell rating to a buy rating in a research note published on Thursday morning, Zacks.com reports. The brokerage currently has $77.00 price objective on the business services provider’s stock.

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. “

Separately, Goldman Sachs Group reaffirmed a hold rating and issued a $8.40 price objective on shares of Deutsche Bank in a report on Monday, July 8th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $77.00.

IKTSY stock opened at $68.65 on Thursday. The company has a fifty day simple moving average of $69.71. The stock has a market cap of $11.08 billion, a P/E ratio of 25.91, a P/E/G ratio of 4.25 and a beta of 0.82. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.25 and a quick ratio of 1.23. INTERTEK GRP PL/ADR has a 12 month low of $56.42 and a 12 month high of $80.35.

INTERTEK GRP PL/ADR 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 GRP PL/ADR (OTCMKTS:IKTSY)

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