Intertek Group plc (ITRK) Receives Underperform Rating from Credit Suisse Group
Credit Suisse Group reissued their underperform rating on shares of Intertek Group plc (LON:ITRK) in a research report released on Thursday morning. The firm currently has a GBX 4,520 ($59.45) target price on the stock.
ITRK has been the topic of several other research reports. Kepler Capital Markets lowered shares of Intertek Group plc to a hold rating and upped their price objective for the company from GBX 5,130 ($67.47) to GBX 5,190 ($68.26) in a report on Tuesday, November 14th. Jefferies Group LLC upped their price objective on shares of Intertek Group plc from GBX 4,900 ($64.45) to GBX 5,300 ($69.71) and gave the company a buy rating in a report on Wednesday, August 2nd. Barclays PLC upped their price objective on shares of Intertek Group plc from GBX 4,350 ($57.21) to GBX 4,750 ($62.48) and gave the company an equal weight rating in a report on Wednesday. Shore Capital reiterated a sell rating on shares of Intertek Group plc in a report on Tuesday, August 8th. Finally, Berenberg Bank reiterated a hold rating on shares of Intertek Group plc in a report on Thursday, October 12th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. Intertek Group plc has an average rating of Hold and a consensus price target of GBX 4,371.86 ($57.50).
Shares of Intertek Group plc (ITRK) traded down GBX 20 ($0.26) during midday trading on Thursday, hitting GBX 5,150 ($67.74). 359,420 shares of the stock traded hands, compared to its average volume of 390,576. Intertek Group plc has a 52-week low of GBX 3,161 ($41.58) and a 52-week high of GBX 5,470 ($71.95).
About Intertek Group plc
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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