Intertek Group plc (ITRK) Price Target Cut to GBX 3,300
Intertek Group plc (LON:ITRK) had its price objective cut by equities researchers at Deutsche Bank AG from GBX 3,400 ($42.48) to GBX 3,300 ($41.23) in a research note issued to investors on Thursday. The firm presently has a “hold” rating on the stock. Deutsche Bank AG’s price objective points to a potential upside of 2.42% from the stock’s current price.
A number of other research analysts also recently commented on ITRK. Jefferies Group raised shares of Intertek Group plc to a “buy” rating and boosted their price objective for the company from GBX 3,000 ($37.48) to GBX 4,300 ($53.72) in a research report on Tuesday, October 4th. Kepler Capital Markets reissued a “hold” rating and issued a GBX 3,580 ($44.73) target price on shares of Intertek Group plc in a research report on Wednesday, November 23rd. BNP Paribas reissued a “neutral” rating and issued a GBX 3,500 ($43.73) target price on shares of Intertek Group plc in a research report on Monday, September 26th. Numis Securities Ltd downgraded shares of Intertek Group plc to a “reduce” rating and boosted their target price for the stock from GBX 2,800 ($34.98) to GBX 3,100 ($38.73) in a research report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Intertek Group plc from GBX 3,231 ($40.37) to GBX 3,547 ($44.32) and gave the stock an “overweight” rating in a research report on Tuesday, August 2nd. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. Intertek Group plc currently has an average rating of “Hold” and a consensus price target of GBX 3,333.61 ($41.65).
Shares of Intertek Group plc (LON:ITRK) opened at 3222.00 on Thursday. The company’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 1-year low of GBX 2,569.00 and a 1-year high of GBX 3,806.00. The stock’s market cap is GBX 5.18 billion.
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Intertek Group plc Company Profile
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