Intertek Group (LON:ITRK) Raised to “Hold” at Shore Capital

by · The Cerbat Gem

Intertek Group (LON:ITRKGet Free Report) was upgraded by equities researchers at Shore Capital to a “hold” rating in a research note issued to investors on Tuesday,Digital Look reports.

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 5,200 ($65.91) target price on shares of Intertek Group in a research report on Thursday, August 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Intertek Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,425 ($68.77).

Check Out Our Latest Analysis on Intertek Group

Intertek Group Stock Performance

LON ITRK traded down GBX 6 ($0.08) during trading on Tuesday, hitting GBX 4,498 ($57.02). The company’s stock had a trading volume of 643,864 shares, compared to its average volume of 509,208. The firm has a market cap of £7.25 billion, a P/E ratio of 2,365.26, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Intertek Group has a 52 week low of GBX 3,778 ($47.89) and a 52 week high of GBX 5,240 ($66.42). The firm has a 50 day moving average price of GBX 4,908.71 and a 200 day moving average price of GBX 4,860.10. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 100.41.

About Intertek Group

(Get Free Report)

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.

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