Intergroup (NASDAQ:INTG) Stock Rating Upgraded by Wall Street Zen

Intergroup (NASDAQ:INTG) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intergroup in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Intergroup Price Performance

INTG opened at $30.03 on Friday. The business has a fifty day simple moving average of $28.71 and a 200 day simple moving average of $26.88. Intergroup has a 1 year low of $9.57 and a 1 year high of $42.50. The company has a market capitalization of $64.56 million, a PE ratio of -52.68 and a beta of 0.18.

Intergroup (NASDAQ:INTG) last announced its earnings results on Thursday, February 12th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $17.30 million for the quarter.

Institutional Trading of Intergroup

A hedge fund recently bought a new stake in Intergroup stock. Geode Capital Management LLC bought a new stake in shares of The Intergroup Corporation (NASDAQ:INTG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,120 shares of the financial services provider’s stock, valued at approximately $202,000. Geode Capital Management LLC owned 0.33% of Intergroup as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 3.36% of the company’s stock.

About Intergroup

Intergroup Corporation (NASDAQ: INTG) is a U.S.-based manufacturer and marketer of industrial and food packaging products. Through its operating subsidiaries, the company produces a broad array of container solutions including corrugated paperboard, recycled fiberboard, plastic and fiber-plastic combinations, as well as wood and tin packaging. These products serve a diverse customer base across the food processing, consumer goods, pharmaceutical, and industrial sectors.

The company’s product portfolio encompasses custom-designed cartons, paper and plastic boxes, and heavy-duty shipping containers tailored to meet the specific strength, moisture resistance, and storage requirements of its customers.