Intergroup (NASDAQ:INTG) Upgraded at Wall Street Zen

Intergroup (NASDAQ:INTG) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intergroup in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Intergroup Trading Down 2.1%

Shares of INTG stock opened at $34.30 on Friday. The company’s fifty day simple moving average is $33.27 and its 200-day simple moving average is $30.85. Intergroup has a 52 week low of $9.57 and a 52 week high of $42.50. The company has a market cap of $73.75 million, a PE ratio of -60.17 and a beta of 0.03.

Intergroup (NASDAQ:INTG) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $17.30 million for the quarter.

Institutional Trading of Intergroup

A hedge fund recently bought a new stake in Intergroup stock. Geode Capital Management LLC bought a new stake in The Intergroup Corporation (NASDAQ:INTG) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 7,120 shares of the financial services provider’s stock, valued at approximately $202,000. Geode Capital Management LLC owned about 0.33% of Intergroup at the end of the most recent quarter. Hedge funds and other institutional investors own 3.36% of the company’s stock.

Intergroup Company Profile

Intergroup Corporation (NASDAQ: INTG) is a U.S.-based manufacturer and marketer of industrial and food packaging products. Through its operating subsidiaries, the company produces a broad array of container solutions including corrugated paperboard, recycled fiberboard, plastic and fiber-plastic combinations, as well as wood and tin packaging. These products serve a diverse customer base across the food processing, consumer goods, pharmaceutical, and industrial sectors.

The company’s product portfolio encompasses custom-designed cartons, paper and plastic boxes, and heavy-duty shipping containers tailored to meet the specific strength, moisture resistance, and storage requirements of its customers.