Intertek Group plc (ITRK) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Intertek Group plc (LON:ITRK) have earned an average rating of “Hold” from the nineteen brokerages that are presently covering the company. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 3,422.47 ($41.71).
ITRK has been the subject of several research analyst reports. Jefferies Group raised shares of Intertek Group plc to a “buy” rating and raised their target price for the company from GBX 3,000 ($36.56) to GBX 4,300 ($52.41) in a research note on Tuesday, October 4th. Barclays PLC reiterated an “equal weight” rating and set a GBX 3,150 ($38.39) price objective on shares of Intertek Group plc in a research report on Thursday, June 23rd. Baader Bank reiterated a “hold” rating and set a GBX 3,300 ($40.22) price objective on shares of Intertek Group plc in a research report on Monday, August 1st. Deutsche Bank AG increased their price objective on shares of Intertek Group plc from GBX 3,100 ($37.78) to GBX 3,500 ($42.66) and gave the company a “hold” rating in a research report on Friday, July 29th. Finally, Kepler Capital Markets increased their price objective on shares of Intertek Group plc from GBX 3,410 ($41.56) to GBX 3,580 ($43.63) and gave the company a “hold” rating in a research report on Tuesday, August 2nd.
Shares of Intertek Group plc (LON:ITRK) traded up 0.06% during trading on Wednesday, hitting GBX 3570.00. 543,051 shares of the company traded hands. The company has a 50 day moving average price of GBX 3,556.30 and a 200 day moving average price of GBX 3,412.00. Intertek Group plc has a 52 week low of GBX 2,511.00 and a 52 week high of GBX 3,806.00. The company’s market capitalization is GBX 5.74 billion.
The firm also recently announced a dividend, which was paid on Friday, October 14th. Shareholders of record on Thursday, September 29th were given a dividend of GBX 19.40 ($0.24) per share. This represents a yield of 0.55%. The ex-dividend date was Thursday, September 29th.
About Intertek Group plc
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