Intertek Group plc (LON:ITRK) Receives Average Recommendation of “Hold” from Brokerages

Intertek Group plc (LON:ITRK) has been given an average rating of “Hold” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 4,291 ($52.21).

Several analysts have weighed in on the company. Shore Capital reaffirmed a “hold” rating on shares of Intertek Group in a research report on Friday, July 28th. Citigroup lifted their price objective on Intertek Group from GBX 4,973 ($60.51) to GBX 5,055 ($61.51) and gave the company a “buy” rating in a research report on Friday, September 29th.

Intertek Group Stock Down 0.9 %

LON ITRK opened at GBX 3,790 ($46.12) on Thursday. The company has a debt-to-equity ratio of 105.06, a current ratio of 0.93 and a quick ratio of 1.19. The stock has a market capitalization of £6.12 billion, a PE ratio of 2,071.04, a PEG ratio of 1.52 and a beta of 0.60. Intertek Group has a 1 year low of GBX 3,570 ($43.44) and a 1 year high of GBX 4,549 ($55.35). The business’s 50-day moving average is GBX 4,099.43 and its 200 day moving average is GBX 4,170.18.

Intertek Group Company Profile

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.