Intertek Group plc (LON:ITRK) Receives Average Recommendation of “Moderate Buy” from Analysts

Intertek Group plc (LON:ITRK) has received a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 5,355.50.

ITRK has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 5,800 price target on shares of Intertek Group in a report on Thursday, September 11th. Citigroup upped their price objective on Intertek Group from GBX 5,791 to GBX 5,833 and gave the company a “buy” rating in a report on Thursday, November 27th.

Intertek Group Price Performance

Intertek Group stock opened at GBX 4,672 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83. The company has a 50-day moving average price of GBX 4,803.07 and a 200 day moving average price of GBX 4,772.22. Intertek Group has a 12-month low of GBX 4,044 and a 12-month high of GBX 5,575. The stock has a market cap of £7.17 billion, a P/E ratio of 20.90, a PEG ratio of 1.99 and a beta of 0.63.

About Intertek Group

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.