Intertek Group plc (ITRK) Given Average Rating of “Hold” by Brokerages
Intertek Group plc (LON:ITRK) has earned a consensus recommendation of “Hold” from the nineteen research firms that are currently covering the firm. Five research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 3,371.33 ($42.12).
ITRK has been the subject of a number of research reports. Deutsche Bank AG reduced their price objective on Intertek Group plc from GBX 3,500 ($43.73) to GBX 3,400 ($42.48) and set a “hold” rating for the company in a research report on Friday, November 18th. Jefferies Group upgraded Intertek Group plc to a “buy” rating and upped their price target for the stock from GBX 3,000 ($37.48) to GBX 4,300 ($53.72) in a research report on Tuesday, October 4th. Kepler Capital Markets restated a “hold” rating and issued a GBX 3,580 ($44.73) price target on shares of Intertek Group plc in a research report on Wednesday. BNP Paribas restated a “neutral” rating and issued a GBX 3,500 ($43.73) price target on shares of Intertek Group plc in a research report on Monday, September 26th. Finally, Numis Securities Ltd cut Intertek Group plc to a “reduce” rating and upped their price target for the stock from GBX 2,800 ($34.98) to GBX 3,100 ($38.73) in a research report on Tuesday, August 2nd.
Shares of Intertek Group plc (LON:ITRK) traded down 0.06% during mid-day trading on Friday, hitting GBX 3219.00. The stock had a trading volume of 258,029 shares. The company’s market cap is GBX 5.18 billion. The stock’s 50-day moving average is GBX 3,379.81 and its 200 day moving average is GBX 3,419.64. Intertek Group plc has a 12 month low of GBX 2,569.00 and a 12 month high of GBX 3,806.00.
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About Intertek Group plc
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