Intertek Group plc (ITRK) Receives GBX 5,425 Consensus Price Target from Analysts
Intertek Group plc (LON:ITRK) has been assigned a consensus rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 5,425 ($70.89).
A number of brokerages have recently commented on ITRK. Deutsche Bank upgraded Intertek Group to a “buy” rating in a report on Friday, January 11th. Goldman Sachs Group upped their price target on Intertek Group from GBX 5,330 ($69.65) to GBX 5,600 ($73.17) and gave the stock a “neutral” rating in a report on Monday, January 21st. UBS Group cut their price target on Intertek Group from GBX 5,400 ($70.56) to GBX 5,000 ($65.33) and set a “neutral” rating for the company in a report on Tuesday, January 8th. Finally, Shore Capital reiterated a “hold” rating on shares of Intertek Group in a report on Tuesday, November 27th.
ITRK opened at GBX 5,122 ($66.93) on Wednesday. Intertek Group has a twelve month low of GBX 3,826 ($49.99) and a twelve month high of GBX 5,470 ($71.48).
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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