Intertek Group plc (LON:ITRK) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Intertek Group plc (LON:ITRK) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 5,331 ($67.43).

Several research analysts have recently issued reports on the company. Redburn Partners raised Intertek Group to a “buy” rating and set a GBX 6,000 ($75.89) price objective for the company in a research report on Friday, April 19th. Berenberg Bank upped their price target on Intertek Group from GBX 4,900 ($61.98) to GBX 5,400 ($68.30) and gave the company a “buy” rating in a report on Monday, April 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 5,200 ($65.77) price objective on shares of Intertek Group in a report on Tuesday, May 28th.

Intertek Group Stock Performance

Shares of ITRK stock opened at GBX 4,746 ($60.03) on Friday. The company has a market cap of £7.65 billion, a P/E ratio of 2,579.35, a PEG ratio of 2.14 and a beta of 0.64. The firm has a fifty day moving average price of GBX 4,872.16 and a 200 day moving average price of GBX 4,686.74. The company has a current ratio of 1.09, a quick ratio of 1.19 and a debt-to-equity ratio of 89.53. Intertek Group has a 12 month low of GBX 3,746 ($47.38) and a 12 month high of GBX 5,145 ($65.08).

Intertek Group Company Profile

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.