Intertek Group’s (ITRK) “Neutral” Rating Reaffirmed at UBS Group

UBS Group reissued their neutral rating on shares of Intertek Group (LON:ITRK) in a research report sent to investors on Friday morning, investing.thisismoney.co.uk reports.

A number of other research firms have also recently issued reports on ITRK. JPMorgan Chase & Co. boosted their target price on Intertek Group from GBX 5,960 ($77.88) to GBX 6,200 ($81.01) and gave the company an overweight rating in a research note on Monday, August 6th. Shore Capital reissued a hold rating on shares of Intertek Group in a research note on Friday, August 3rd. Goldman Sachs Group boosted their target price on Intertek Group from GBX 4,580 ($59.85) to GBX 5,510 ($72.00) and gave the company a neutral rating in a research note on Tuesday, August 7th. Deutsche Bank reissued a hold rating on shares of Intertek Group in a research note on Monday, August 6th. Finally, Barclays reissued an equal weight rating and issued a GBX 4,950 ($64.68) target price on shares of Intertek Group in a research note on Wednesday, October 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 5,300.91 ($69.27).

LON:ITRK opened at GBX 4,616 ($60.32) 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 acquired 400 shares of Intertek Group stock in a transaction dated Friday, September 21st. The stock was bought at an average cost 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 company’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of GBX 5,056 ($66.07), for a total value of £73,312 ($95,795.11).

About Intertek Group

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.

Featured Story: Market Capitalization and Individual Investors

Analyst Recommendations for Intertek Group (LON:ITRK)

Receive News & Ratings for Intertek Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply