Berenberg Bank lowered shares of Intertek Group (LON:ITRK) to a hold rating in a research note released on Thursday morning. They currently have GBX 4,800 ($62.72) target price on the stock, down from their previous target price of GBX 5,500 ($71.87).
A number of other research analysts also recently issued reports on ITRK. Shore Capital restated a hold rating on shares of Intertek Group in a research report on Tuesday, November 27th. Deutsche Bank restated a hold rating on shares of Intertek Group in a research report on Wednesday, November 28th. UBS Group restated a neutral rating and issued a GBX 5,400 ($70.56) price target on shares of Intertek Group in a research report on Friday, November 23rd. Finally, Goldman Sachs Group boosted their price target on shares of Intertek Group from GBX 5,330 ($69.65) to GBX 5,600 ($73.17) and gave the stock a neutral rating in a research report on Monday, January 21st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Intertek Group currently has a consensus rating of Hold and a consensus target price of GBX 5,163.64 ($67.47).
Shares of LON ITRK opened at GBX 5,148 ($67.27) on Thursday. Intertek Group has a 52-week low of GBX 3,826 ($49.99) and a 52-week high of GBX 5,470 ($71.48).
Intertek Group Company Profile
Intertek Group plc provides quality and safety solutions to various industries worldwide. 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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