Wall Street Zen Upgrades Intergroup (NASDAQ:INTG) to Hold

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

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intergroup in a research note on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Intergroup Trading Down 0.9%

NASDAQ:INTG opened at $27.76 on Friday. The stock has a 50 day moving average of $28.80 and a 200-day moving average of $25.47. The firm has a market capitalization of $59.68 million, a PE ratio of -48.70 and a beta of 0.20. Intergroup has a 52 week low of $9.57 and a 52 week high of $42.50.

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

Institutional Trading of Intergroup

An institutional investor recently raised its position in Intergroup stock. Qube Research & Technologies Ltd grew its holdings in shares of The Intergroup Corporation (NASDAQ:INTG) by 11.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 24,795 shares of the financial services provider’s stock after acquiring an additional 2,636 shares during the quarter. Qube Research & Technologies Ltd owned about 1.15% of Intergroup worth $298,000 as of its most recent SEC filing. 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.