Intertek Group (LON:ITRK) Stock Rating Upgraded by Shore Capital

Shore Capital upgraded shares of Intertek Group (LON:ITRK - Free Report) to a hold rating in a research note published on Tuesday, Marketbeat.com reports.

Separately, Royal Bank of Canada restated an "outperform" rating and issued a GBX 5,200 ($65.99) target price on shares of Intertek Group in a research note on Thursday, August 15th. One investment 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, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 5,425 ($68.85).

Intertek Group Stock Performance

Shares of LON:ITRK traded down GBX 12 ($0.15) during midday trading on Tuesday, reaching GBX 4,492 ($57.01). 312,243 shares of the company traded hands, compared to its average volume of 507,741. The firm has a market capitalization of £7.24 billion, a price-to-earnings ratio of 2,367.37, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 100.41. The firm's fifty day moving average price is GBX 4,908.71 and its two-hundred day moving average price is GBX 4,860.10. Intertek Group has a 12 month low of GBX 3,778 ($47.94) and a 12 month high of GBX 5,240 ($66.50).

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.