Intertek Group (LON:ITRK - Free Report) had its price objective lifted by Berenberg Bank from GBX 5,800 ($74.67) to GBX 6,000 ($77.25) in a report issued on Wednesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently issued reports on ITRK. JPMorgan Chase & Co. upped their price objective on Intertek Group from GBX 5,400 ($69.52) to GBX 5,500 ($70.81) and gave the stock an "overweight" rating in a report on Thursday, December 5th. Shore Capital raised shares of Intertek Group to a "hold" rating in a research note on Tuesday, November 19th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 5,675 ($73.07).
View Our Latest Research Report on Intertek Group
Intertek Group Stock Performance
LON ITRK traded down GBX 45 ($0.58) on Wednesday, reaching GBX 5,170 ($66.56). 475,887 shares of the stock were exchanged, compared to its average volume of 2,359,036. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83. Intertek Group has a one year low of GBX 4,394 ($56.57) and a one year high of GBX 5,575 ($71.78). The firm has a market capitalization of £8.30 billion, a PE ratio of 26.95, a PEG ratio of 1.99 and a beta of 0.63. The company's 50-day simple moving average is GBX 5,038.84 and its two-hundred day simple moving average is GBX 4,900.01.
Intertek Group (LON:ITRK - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 242.60 ($3.12) EPS for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. Analysts expect that Intertek Group will post 263.7305699 EPS for the current fiscal year.
Intertek Group Company Profile
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Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.
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