Deutsche Bank AG Lowers Intertek Group plc (ITRK) Price Target to GBX 3,400
Intertek Group plc (LON:ITRK) had its price objective reduced by equities researchers at Deutsche Bank AG from GBX 3,500 ($43.73) to GBX 3,400 ($42.48) in a research report issued to clients and investors on Friday. The firm presently has a “hold” rating on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 4.81% from the company’s current price.
Several other brokerages also recently weighed in on ITRK. Shore Capital restated a “sell” rating on shares of Intertek Group plc in a research note on Friday, July 22nd. BNP Paribas reiterated a “neutral” rating on shares of Intertek Group plc in a research note on Monday, July 25th. Royal Bank Of Canada downgraded shares of Intertek Group plc to a “sector performer” rating and increased their price objective for the company from GBX 3,050 ($38.11) to GBX 3,400 ($42.48) in a research note on Wednesday, July 27th. Baader Bank reiterated a “hold” rating and set a GBX 3,300 ($41.23) price objective on shares of Intertek Group plc in a research note on Monday, August 1st. Finally, Barclays PLC reiterated an “equal weight” rating and set a GBX 3,700 ($46.23) price objective on shares of Intertek Group plc in a research note on Tuesday, August 2nd. Seven equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 3,354.24 ($41.91).
Intertek Group plc (LON:ITRK) opened at 3235.00 on Friday. The firm has a 50-day moving average of GBX 3,422.61 and a 200-day moving average of GBX 3,424.03. Intertek Group plc has a 1-year low of GBX 2,569.00 and a 1-year high of GBX 3,806.00. The firm’s market capitalization is GBX 5.21 billion.
Intertek Group plc Company Profile
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