Intertek Group PLC (LON:ITRK) Rating Reaffirmed
London: In a recent research report shared with investors on 11 December, Deutsche Bank reiterated their “Hold” rating on Intertek Group PLC (LON:ITRK) shares. They now have a GBX 2700.00 target PPS on the firm. Deutsche Bank’s target implies a potential downside of -0.53% from the company’s stock price.
From a total of 20 analysts covering Intertek Group PLC (LON:ITRK) stock, 4 rate it a ”Buy”, 4 a “Sell”, and 13 a ”Hold”. This means that 19% of the ratings are positive. The highest target price is GBX 3300 while the lowest target price is GBX 2150. The mean of all analyst targets is GBX 2704.9 with a 0.40% above today’s (GBX 2690) stock price. Intertek Group PLC was the topic of 38 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Citigroup downgraded shares on December 10 to “Sell” rating. Goldman Sachs maintained shares with “Neutral” rating and GBX 2780 target share price in a report from a November 24. Societe Generale maintained ITRK stock in a recent report from November 25 with “Hold” rating. RBC Capital Markets maintained the rating on October 30. RBC Capital Markets has a “Outperform” rating and a GBX 2950 price target on shares. Finally, UBS maintained the stock with “Buy” rating in a report issued on a November 24.
Approximately 18,013 shares of stock traded hands. Intertek Group plc (LON:ITRK) has risen 0.11% since May 14, 2015 and is uptrending. It has outperformed by 3.13% the S&P500.
Intertek Group plc is a provider of quality solutions. The company has a market cap of 4.43 billion GBP.