Intertek Group plc (LON:ITRK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Intertek Group plc (LON:ITRK) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 5,466.17.

Several brokerages have issued reports on ITRK. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,000 price target on shares of Intertek Group in a research note on Wednesday, May 13th. Citigroup dropped their price target on Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating for the company in a research note on Thursday, March 5th. Royal Bank Of Canada raised Intertek Group to an “outperform” rating and lifted their price target for the stock from GBX 4,475 to GBX 5,850 in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 5,030 price target on shares of Intertek Group in a research note on Thursday, April 16th.

Intertek Group Trading Down 0.2%

Shares of ITRK stock opened at GBX 5,805.43 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.08 and a debt-to-equity ratio of 152.20. The business has a 50-day moving average price of GBX 5,167.86 and a two-hundred day moving average price of GBX 4,619.24. Intertek Group has a 12-month low of GBX 3,519.42 and a 12-month high of GBX 5,820. The firm has a market cap of £8.91 billion, a P/E ratio of 26.88, a price-to-earnings-growth ratio of 1.99 and a beta of 0.97.

Intertek Group Company Profile

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.