Intertek Gp Plc (OTCMKTS:IKTSY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.
According to Zacks, “Intertek Group plc provides assurance, testing, inspection and certification solutions. It serves laboratories and offices. Intertek Group plc is headquartered in London, the United Kingdom. “
Separately, UBS AG restated a “neutral” rating on shares of Intertek Gp Plc in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Intertek Gp Plc currently has an average rating of “Hold” and an average price target of $73.00.
Shares of Intertek Gp Plc (IKTSY) opened at 66.04 on Friday. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 30.18 and a beta of 0.85. Intertek Gp Plc has a 52 week low of $39.25 and a 52 week high of $66.04. The stock’s 50 day moving average price is $63.06 and its 200-day moving average price is $54.92.
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Intertek Gp Plc 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, and 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 services.
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