Intertek Group plc (ITRK) Receives GBX 5,472.86 Consensus Target Price from Analysts

Shares of Intertek Group plc (LON:ITRK) have been assigned a consensus rating of “Hold” from the fourteen research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 5,472.86 ($71.51).

A number of equities analysts recently weighed in on the stock. Kepler Capital Markets upped their target price on shares of Intertek Group from GBX 5,585 ($72.98) to GBX 5,750 ($75.13) and gave the stock a “hold” rating in a research report on Wednesday, August 8th. UBS Group upped their target price on shares of Intertek Group from GBX 5,200 ($67.95) to GBX 5,400 ($70.56) and gave the stock a “neutral” rating in a research report on Wednesday, August 15th. Berenberg Bank upgraded shares of Intertek Group to a “buy” rating and upped their target price for the stock from GBX 5,200 ($67.95) to GBX 5,500 ($71.87) in a research report on Friday, October 5th. JPMorgan Chase & Co. upped their target price on shares of Intertek Group from GBX 5,960 ($77.88) to GBX 6,200 ($81.01) and gave the stock an “overweight” rating in a research report on Monday, August 6th. Finally, Jefferies Financial Group upped their target price on shares of Intertek Group from GBX 5,800 ($75.79) to GBX 6,050 ($79.05) and gave the stock a “buy” rating in a research report on Monday, August 6th.

ITRK opened at GBX 4,699 ($61.40) on Friday. Intertek Group has a 1-year low of GBX 3,826 ($49.99) and a 1-year high of GBX 5,470 ($71.48).

In other news, insider Lena Wilson bought 400 shares of Intertek Group stock in a transaction dated Friday, September 21st. The shares were acquired at an average price of GBX 4,867 ($63.60) per share, with a total value of £19,468 ($25,438.39). Also, insider Ross McCluskey sold 1,450 shares of the stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of GBX 5,056 ($66.07), for a total transaction of £73,312 ($95,795.11).

Intertek Group Company Profile

Intertek Group plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.

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Analyst Recommendations for Intertek Group (LON:ITRK)

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