Today, Beaufort Securities Reiterates Sell Rating for Intertek Group plc (ITRK)

Today, Beaufort Securities Reiterates Sell Rating for Intertek Group plc (ITRK)
Intertek Group plc (LON:ITRK)‘s stock had its “sell” rating restated by Beaufort Securities in a research report issued to clients and investors on Wednesday. They presently have a GBX 3,000 ($37.48) price objective on the stock. Beaufort Securities’ target price points to a potential downside of 6.86% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. BNP Paribas restated a “neutral” rating on shares of Intertek Group plc in a research note on Monday, August 1st. Societe Generale downgraded shares of Intertek Group plc to a “sell” rating and raised their price objective for the stock from GBX 3,230 ($40.35) to GBX 3,300 ($41.23) in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. raised their price objective on shares of Intertek Group plc from GBX 3,231 ($40.37) to GBX 3,547 ($44.32) and gave the stock an “overweight” rating in a research note on Tuesday, August 2nd. Kepler Capital Markets raised their price objective on shares of Intertek Group plc from GBX 3,410 ($42.60) to GBX 3,580 ($44.73) and gave the stock a “hold” rating in a research note on Tuesday, August 2nd. Finally, Barclays PLC restated an “equal weight” rating and issued a GBX 3,700 ($46.23) price objective on shares of Intertek Group plc in a research note on Wednesday. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Intertek Group plc has a consensus rating of “Hold” and a consensus target price of GBX 3,333.61 ($41.65).

Intertek Group plc (LON:ITRK) opened at 3197.00 on Wednesday. The stock’s 50 day moving average is GBX 3,392.54 and its 200 day moving average is GBX 3,421.03. The company’s market cap is GBX 5.14 billion. Intertek Group plc has a 52-week low of GBX 2,569.00 and a 52-week high of GBX 3,806.00.

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