Intertek Group plc (LON:ITRK) has earned an average recommendation of “Hold” from the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 5,413.75 ($70.74).
Several research analysts have issued reports on the company. Deutsche Bank raised Intertek Group to a “buy” rating in a report on Friday. UBS Group dropped their price target on Intertek Group from GBX 5,400 ($70.56) to GBX 5,000 ($65.33) and set a “neutral” rating on the stock in a report on Tuesday. Barclays reaffirmed an “equal weight” rating and issued a GBX 4,950 ($64.68) price target (up previously from GBX 4,750 ($62.07)) on shares of Intertek Group in a report on Wednesday, September 19th. Berenberg Bank raised Intertek Group to a “buy” rating and upped their price target for the company from GBX 5,200 ($67.95) to GBX 5,500 ($71.87) in a report on Friday, October 5th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Intertek Group in a report on Tuesday, November 27th.
Shares of LON ITRK traded down GBX 22 ($0.29) during trading on Friday, hitting GBX 5,038 ($65.83). The company had a trading volume of 320,089 shares, compared to its average volume of 450,024. Intertek Group has a 52 week low of GBX 3,826 ($49.99) and a 52 week high of GBX 5,470 ($71.48).
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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