Intergroup (NASDAQ:INTG) Stock Rating Upgraded by Wall Street Zen

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

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intergroup in a research report on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Intergroup Stock Performance

Shares of INTG stock opened at $34.30 on Friday. The stock has a 50 day moving average of $33.27 and a two-hundred day moving average of $31.03. Intergroup has a 12 month low of $9.57 and a 12 month high of $42.50. The company has a market capitalization of $73.75 million, a P/E ratio of -60.17 and a beta of 0.03.

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

Hedge Funds Weigh In On Intergroup

An institutional investor recently bought a new position in Intergroup stock. Geode Capital Management LLC bought a new position in shares of The Intergroup Corporation (NASDAQ:INTG) in the 4th quarter, according to the company in its most recent 13F 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 0.33% of Intergroup at the end of the most recent reporting period. 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.