J P Morgan Chase & Co Boosts Intertek Group plc (ITRK) Price Target to GBX 5,646
Intertek Group plc (LON:ITRK) had its target price lifted by equities research analysts at J P Morgan Chase & Co from GBX 4,763 ($62.65) to GBX 5,646 ($74.26) in a report issued on Wednesday. The brokerage currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price objective would indicate a potential upside of 9.10% from the company’s previous close.
Several other research analysts have also weighed in on the stock. Shore Capital restated a “sell” rating on shares of Intertek Group plc in a research report on Tuesday. Kepler Capital Markets lowered shares of Intertek Group plc to a “hold” rating and upped their target price for the stock from GBX 5,130 ($67.47) to GBX 5,190 ($68.26) in a research report on Tuesday, November 14th. Berenberg Bank restated a “hold” rating on shares of Intertek Group plc in a research report on Thursday, October 12th. Jefferies Group LLC restated a “buy” rating and set a GBX 5,300 ($69.71) target price on shares of Intertek Group plc in a research report on Friday, October 13th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 4,350 ($57.21) target price on shares of Intertek Group plc in a research report on Wednesday, August 2nd. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 4,165.73 ($54.79).
Intertek Group plc (ITRK) opened at GBX 5,175 ($68.07) on Wednesday. Intertek Group plc has a one year low of GBX 3,161 ($41.58) and a one year high of GBX 5,470 ($71.95).
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Intertek Group plc Company Profile
Intertek Group PLC is a United Kingdom-based company, which offers quality assurance services. The Company’s segments include Products, Trade and Resources. The Products-related division consists of business lines that are focused on ensuring the quality and safety of physical components and products, as well minimizing risk through assessing the operating process and quality management systems of its customers.
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