Societe Generale Upgrades Intertek Group plc (ITRK) to “Hold”
Intertek Group plc (LON:ITRK) was upgraded by stock analysts at Societe Generale to a “hold” rating in a report issued on Thursday. The brokerage currently has a GBX 3,400 ($42.48) target price on the stock, up from their previous target price of GBX 3,300 ($41.23). Societe Generale’s target price would suggest a potential upside of 6.92% from the company’s previous close.
Several other equities analysts also recently issued reports on ITRK. Deutsche Bank AG cut their price objective on shares of Intertek Group plc from GBX 3,400 ($42.48) to GBX 3,300 ($41.23) and set a “hold” rating on the stock in a report on Thursday. Numis Securities Ltd upgraded shares of Intertek Group plc to a “hold” rating and cut their price objective for the company from GBX 3,100 ($38.73) to GBX 3,000 ($37.48) in a report on Wednesday. Kepler Capital Markets restated a “hold” rating and set a GBX 3,580 ($44.73) price objective on shares of Intertek Group plc in a report on Wednesday. JPMorgan Chase & Co. upped their price objective on shares of Intertek Group plc from GBX 3,547 ($44.32) to GBX 3,630 ($45.35) and gave the company an “overweight” rating in a report on Wednesday. Finally, Beaufort Securities restated a “sell” rating and set a GBX 3,000 ($37.48) price objective on shares of Intertek Group plc in a report on Wednesday. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. Intertek Group plc presently has an average rating of “Hold” and a consensus target price of GBX 3,333.61 ($41.65).
Intertek Group plc (LON:ITRK) opened at 3180.00 on Thursday. The stock’s market cap is GBX 5.12 billion. The firm’s 50-day moving average is GBX 3,406.22 and its 200 day moving average is GBX 3,422.43. Intertek Group plc has a one year low of GBX 2,569.00 and a one year high of GBX 3,806.00.
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About Intertek Group plc
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