Goldman Sachs Group Increases Intertek Group (ITRK) Price Target to GBX 5,510
Intertek Group (LON:ITRK) had its price objective boosted by Goldman Sachs Group from GBX 4,580 ($59.29) to GBX 5,510 ($71.33) in a research note released on Tuesday morning. The firm currently has a neutral rating on the stock.
Several other analysts have also commented on ITRK. Redburn Partners started coverage on shares of Intertek Group in a research report on Wednesday, April 11th. They issued a buy rating on the stock. Credit Suisse Group lowered shares of Intertek Group to an underperform rating and lowered their price target for the company from GBX 5,450 ($70.55) to GBX 4,600 ($59.55) in a research report on Wednesday, April 25th. BNP Paribas reiterated a buy rating on shares of Intertek Group in a research report on Friday, April 27th. Kepler Capital Markets reiterated a hold rating on shares of Intertek Group in a research report on Friday, May 18th. Finally, Shore Capital upgraded shares of Intertek Group to a hold rating in a research report on Thursday, May 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 5,340 ($69.13).
ITRK stock opened at GBX 5,334 ($69.05) on Tuesday. Intertek Group has a 12 month low of GBX 3,826 ($49.53) and a 12 month high of GBX 5,470 ($70.81).
About Intertek Group
Intertek Group plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.
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