Deutsche Bank restated their buy rating on shares of Intertek Group (LON:ITRK) in a report issued on Monday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also issued reports on ITRK. Kepler Capital Markets raised their price target on Intertek Group from GBX 5,150 ($67.29) to GBX 5,190 ($67.82) and gave the stock a hold rating in a research report on Friday, May 24th. Barclays restated an underweight rating on shares of Intertek Group in a research report on Friday, May 24th. Shore Capital restated a hold rating on shares of Intertek Group in a research report on Thursday, August 1st. UBS Group raised their price target on Intertek Group from GBX 5,000 ($65.33) to GBX 5,300 ($69.25) and gave the stock a neutral rating in a research report on Friday, August 16th. Finally, Morgan Stanley lowered Intertek Group to an underweight rating and raised their price target for the stock from GBX 4,700 ($61.41) to GBX 5,250 ($68.60) in a research report on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. Intertek Group has an average rating of Hold and an average price target of GBX 5,243.33 ($68.51).
LON:ITRK opened at GBX 5,482 ($71.63) on Monday. Intertek Group has a 12-month low of GBX 56.22 ($0.73) and a 12-month high of GBX 5,982 ($78.17). The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 141.86. The firm has a market capitalization of $8.80 billion and a P/E ratio of 30.61. The stock’s fifty day simple moving average is GBX 5,514.43 and its 200-day simple moving average is GBX 5,306.57.
About Intertek Group
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.
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