Intertek Group (LON:ITRK) Rating Reiterated by Deutsche Bank
Deutsche Bank reissued their buy rating on shares of Intertek Group (LON:ITRK) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently weighed in on ITRK. Shore Capital restated a hold rating on shares of Intertek Group in a research note on Thursday, August 1st. Morgan Stanley downgraded Intertek Group to an underweight rating and increased their target price for the company from GBX 4,700 ($61.41) to GBX 5,250 ($68.60) in a research note on Tuesday, August 6th. Kepler Capital Markets increased their target price on Intertek Group from GBX 5,150 ($67.29) to GBX 5,190 ($67.82) and gave the company a hold rating in a research note on Friday, May 24th. UBS Group upped their price target on Intertek Group from GBX 5,000 ($65.33) to GBX 5,300 ($69.25) and gave the company a neutral rating in a report on Friday, August 16th. Finally, Barclays reaffirmed an underweight rating on shares of Intertek Group in a report on Friday, May 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 5,243.33 ($68.51).
Shares of LON:ITRK opened at GBX 5,482 ($71.63) on Monday. The business has a 50 day moving average price of GBX 5,514.43 and a 200 day moving average price of GBX 5,306.57. Intertek Group has a twelve month low of GBX 56.22 ($0.73) and a twelve month high of GBX 5,982 ($78.17). The company has a market cap of $8.80 billion and a price-to-earnings ratio of 30.61. The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 141.86.
Intertek Group Company Profile
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.
See Also: FAANG Stocks
Receive News & Ratings for Intertek Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group and related companies with MarketBeat.com's FREE daily email newsletter.