Intertek Group plc (LON:ITRK – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 5,351 ($68.83).
Several equities analysts have recently weighed in on ITRK shares. Redburn Partners upgraded shares of Intertek Group to a “buy” rating and set a GBX 6,000 ($77.18) price objective for the company in a research report on Friday, April 19th. Berenberg Bank reiterated a “buy” rating and issued a GBX 5,500 ($70.75) target price on shares of Intertek Group in a report on Wednesday, July 17th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 5,200 ($66.89) target price on shares of Intertek Group in a report on Tuesday, May 28th.
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Intertek Group Stock Performance
About Intertek Group
Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.
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