Intertek Group (LON:ITRK) Given “Neutral” Rating at UBS Group

UBS Group reaffirmed their neutral rating on shares of Intertek Group (LON:ITRK) in a report published on Wednesday, Stock Target Advisor reports.

Several other brokerages also recently weighed in on ITRK. Jefferies Financial Group increased their price target on Intertek Group from GBX 6,100 ($79.71) to GBX 6,300 ($82.32) and gave the stock a buy rating in a research report on Wednesday. Berenberg Bank increased their price target on Intertek Group from GBX 4,800 ($62.72) to GBX 5,050 ($65.99) and gave the stock a hold rating in a research report on Friday, October 4th. Goldman Sachs Group raised Intertek Group to a neutral rating and cut their price target for the stock from GBX 5,400 ($70.56) to GBX 5,200 ($67.95) in a research report on Wednesday, November 13th. HSBC downgraded Intertek Group to a reduce rating and cut their price target for the stock from GBX 4,650 ($60.76) to GBX 4,500 ($58.80) in a research report on Friday, November 8th. Finally, Shore Capital reissued a hold rating on shares of Intertek Group in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Intertek Group presently has an average rating of Hold and an average target price of GBX 5,332.22 ($69.67).

Shares of ITRK opened at GBX 5,552.84 ($72.56) on Wednesday. The business’s 50-day moving average is GBX 5,267.04 and its two-hundred day moving average is GBX 5,402.59. The company has a market capitalization of $8.98 billion and a P/E ratio of 31.00. The company has a debt-to-equity ratio of 141.86, a quick ratio of 1.32 and a current ratio of 1.35. Intertek Group has a fifty-two week low of GBX 56.22 ($0.73) and a fifty-two week high of GBX 5,982 ($78.17).

About Intertek Group

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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Analyst Recommendations for Intertek Group (LON:ITRK)

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