Analysts Set Intertek Group plc (LON:ITRK) Price Target at GBX 5,300

Intertek Group plc (LON:ITRK) has been assigned a consensus rating of “Hold” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 5,300.

A number of research firms have recently weighed in on ITRK. Shore Capital reissued a “hold” rating and issued a GBX 4,500 price objective on shares of Intertek Group in a research report on Friday, August 1st. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of Intertek Group in a research note on Thursday, July 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,800 price target on shares of Intertek Group in a report on Thursday, September 11th. Berenberg Bank restated a “buy” rating and set a GBX 5,700 price objective on shares of Intertek Group in a report on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 5,300 price objective on shares of Intertek Group in a research report on Monday, August 4th.

Intertek Group Price Performance

Shares of ITRK opened at GBX 5,070 on Friday. Intertek Group has a twelve month low of GBX 4,044 and a twelve month high of GBX 5,575. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83. The firm’s fifty day simple moving average is GBX 4,792.47 and its 200-day simple moving average is GBX 4,769.57. The firm has a market capitalization of £7.81 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 1.99 and a beta of 0.63.

Intertek Group (LON:ITRK) last released its quarterly earnings results on Friday, August 1st. The company reported GBX 112.50 earnings per share for the quarter. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%. Equities analysts forecast that Intertek Group will post 263.7305699 EPS for the current fiscal year.

About Intertek Group

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.