Intertek Group plc (OTCMKTS:IKTSY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Intertek Group plc (OTCMKTS:IKTSYGet Rating) have received a consensus recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $3,157.50.

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Intertek Group from a “neutral” rating to an “overweight” rating in a research note on Wednesday, January 26th. Credit Suisse Group raised shares of Intertek Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 20th. Citigroup cut their price objective on shares of Intertek Group from GBX 6,604 ($84.17) to GBX 6,236 ($79.48) in a research report on Wednesday, March 2nd. HSBC lowered shares of Intertek Group from a “buy” rating to a “hold” rating in a research report on Friday, April 8th. Finally, Zacks Investment Research upgraded shares of Intertek Group from a “sell” rating to a “hold” rating and set a $79.00 target price on the stock in a report on Tuesday, February 15th.

Shares of IKTSY opened at $62.86 on Friday. Intertek Group has a twelve month low of $61.42 and a twelve month high of $87.50. The firm’s 50 day moving average price is $67.54 and its two-hundred day moving average price is $70.75.

Intertek Group Company Profile (Get Rating)

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

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Analyst Recommendations for Intertek Group (OTCMKTS:IKTSY)

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