Intertek Group plc (LON:ITRK) Receives GBX 5,425 Consensus Price Target from Brokerages

Shares of Intertek Group plc (LON:ITRK) have received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation 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 5,440 ($69.33).

Several equities research analysts have recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 5,200 ($66.28) price objective on shares of Intertek Group in a research report on Thursday, August 15th. JPMorgan Chase & Co. increased their price target on Intertek Group from GBX 5,400 ($68.82) to GBX 5,500 ($70.10) and gave the company an “overweight” rating in a report on Thursday. Finally, Shore Capital upgraded Intertek Group to a “hold” rating in a research note on Tuesday, November 19th.

Intertek Group Stock Down 0.8 %

ITRK opened at GBX 4,826 ($61.51) on Thursday. The company has a market cap of £7.78 billion, a PE ratio of 2,540.00, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The company has a debt-to-equity ratio of 100.41, a quick ratio of 1.19 and a current ratio of 1.27. Intertek Group has a 1 year low of GBX 4,011.30 ($51.13) and a 1 year high of GBX 5,240 ($66.79). The firm has a 50 day moving average price of GBX 4,819.62 and a 200 day moving average price of GBX 4,830.99.

About Intertek Group

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.