Todays Report: Today, Intertek Group plc (ITRK) Given Average Rating of “Hold” by Brokerages

Today, Intertek Group plc (ITRK) Given Average Rating of “Hold” by Brokerages

Shares of Intertek Group plc (LON:ITRK) have received an average recommendation of “Hold” from the nineteen ratings firms that are presently covering the company. Five equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 3,371.33 ($42.12).

ITRK has been the topic of a number of research analyst reports. Deutsche Bank AG boosted their target price on Intertek Group plc from GBX 3,100 ($38.73) to GBX 3,500 ($43.73) and gave the company a “hold” rating in a research report on Friday, July 29th. BNP Paribas reissued a “neutral” rating on shares of Intertek Group plc in a research report on Monday, August 1st. Baader Bank reissued a “hold” rating and issued a GBX 3,300 ($41.23) target price on shares of Intertek Group plc in a research report on Monday, August 1st. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 3,700 ($46.23) price objective on shares of Intertek Group plc in a research report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. upped their price objective on 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 report on Tuesday, August 2nd.

Shares of Intertek Group plc (LON:ITRK) traded down 0.06% during mid-day trading on Friday, reaching GBX 3219.00. The company’s stock had a trading volume of 258,029 shares. Intertek Group plc has a 52 week low of GBX 2,569.00 and a 52 week high of GBX 3,806.00. The company’s 50-day moving average is GBX 3,379.81 and its 200-day moving average is GBX 3,419.64. The stock’s market capitalization is GBX 5.18 billion.

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