Intertek Group plc (LON:ITRK) Receives Consensus Rating of “Hold” from Analysts

by · The Cerbat Gem

Intertek Group plc (LON:ITRK – Get Free Report) has received a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 4,651 ($59.18).

Several analysts recently weighed in on the company. Berenberg Bank restated a “buy” rating and set a GBX 4,900 ($62.35) price objective on shares of Intertek Group in a research report on Thursday, November 23rd. Citigroup upped their price target on Intertek Group from GBX 4,973 ($63.28) to GBX 5,055 ($64.32) and gave the stock a “buy” rating in a report on Friday, September 29th. Shore Capital restated a “hold” rating on shares of Intertek Group in a research note on Thursday, December 21st. Finally, BNP Paribas upgraded Intertek Group to an “outperform” rating and set a GBX 5,000 ($63.62) target price for the company in a research report on Wednesday, December 20th.

Check Out Our Latest Stock Report on Intertek Group

Intertek Group Price Performance

Intertek Group stock opened at GBX 4,294 ($54.64) on Tuesday. The firm has a market capitalization of £6.93 billion, a P/E ratio of 2,346.45, a PEG ratio of 1.79 and a beta of 0.64. Intertek Group has a 1 year low of GBX 3,746 ($47.67) and a 1 year high of GBX 4,549 ($57.88). The business has a 50-day moving average of GBX 4,100 and a 200-day moving average of GBX 4,108.43. The company has a current ratio of 0.93, a quick ratio of 1.19 and a debt-to-equity ratio of 105.06.

Intertek Group Company Profile

(Get Free Report

Intertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. 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.

Further Reading