Intertek Group (LON:ITRK) had its price target hoisted by Credit Suisse Group from GBX 4,400 ($57.88) to GBX 5,000 ($65.77) in a research note issued to investors on Tuesday, Stock Target Advisor reports. The firm currently has a neutral rating on the stock.
Other equities research analysts have also issued research reports about the stock. UBS Group reiterated a neutral rating on shares of Intertek Group in a research note on Friday, May 22nd. Berenberg Bank decreased their price objective on shares of Intertek Group from GBX 5,300 ($69.72) to GBX 4,350 ($57.22) and set a hold rating for the company in a research note on Monday, March 30th. Jefferies Financial Group increased their price objective on shares of Intertek Group from GBX 5,350 ($70.38) to GBX 6,100 ($80.24) and gave the company a buy rating in a research note on Monday. JPMorgan Chase & Co. decreased their price objective on shares of Intertek Group from GBX 5,900 ($77.61) to GBX 5,000 ($65.77) and set an overweight rating for the company in a research note on Wednesday, May 20th. Finally, Barclays decreased their price objective on shares of Intertek Group from GBX 5,500 ($72.35) to GBX 5,000 ($65.77) and set an underweight rating for the company in a research note on Monday. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Intertek Group currently has a consensus rating of Hold and a consensus price target of GBX 4,933.64 ($64.90).
ITRK opened at GBX 5,592 ($73.56) on Tuesday. The company has a debt-to-equity ratio of 111.93, a current ratio of 1.07 and a quick ratio of 1.01. Intertek Group has a fifty-two week low of GBX 56.22 ($0.74) and a fifty-two week high of GBX 6,178 ($81.27). The firm has a market capitalization of $8.47 billion and a PE ratio of 29.44. The company’s 50-day moving average is GBX 4,824.24 and its 200 day moving average is GBX 5,302.50.
In other Intertek Group news, insider Lena Wilson acquired 389 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was bought at an average cost of GBX 4,710 ($61.96) per share, with a total value of £18,321.90 ($24,101.42). Also, insider Andre Lacroix sold 33,970 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 4,662 ($61.33), for a total transaction of £1,583,681.40 ($2,083,243.09).
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.
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.