Brokerages Set Intertek Group plc (LON:ITRK) Price Target at GBX 5,466.17

Shares of Intertek Group plc (LON:ITRK) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 5,466.17.

A number of research firms recently issued reports on ITRK. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 5,030 target price on shares of Intertek Group in a research note on Thursday, April 16th. Jefferies Financial Group restated a “buy” rating and set a GBX 6,000 price target on shares of Intertek Group in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada raised Intertek Group to an “outperform” rating and raised their price target for the company from GBX 4,475 to GBX 5,850 in a research report on Tuesday, May 5th.

Intertek Group Price Performance

Shares of Intertek Group stock opened at GBX 5,820 on Wednesday. The firm has a fifty day simple moving average of GBX 5,579.95 and a 200-day simple moving average of GBX 4,768.81. The company has a current ratio of 1.08, a quick ratio of 1.19 and a debt-to-equity ratio of 152.20. Intertek Group has a 1-year low of GBX 3,519.42 and a 1-year high of GBX 5,825. The stock has a market capitalization of £8.93 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.99 and a beta of 0.97.

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. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.