Intertek Group’s (ITRK) Buy Rating Reiterated at Deutsche Bank

Deutsche Bank reaffirmed their buy rating on shares of Intertek Group (LON:ITRK) in a research note released on Monday, ThisIsMoney.Co.Uk reports.

ITRK has been the topic of a number of other research reports. UBS Group restated a neutral rating on shares of Intertek Group in a research note on Wednesday, November 27th. Barclays restated an underweight rating on shares of Intertek Group in a research note on Monday, October 7th. HSBC downgraded Intertek Group to a reduce rating and dropped their price target for the stock from GBX 4,650 ($61.17) to GBX 4,500 ($59.19) in a research note on Friday, November 8th. Shore Capital restated a hold rating on shares of Intertek Group in a research note on Tuesday, November 26th. Finally, Jefferies Financial Group raised their price target on Intertek Group from GBX 6,100 ($80.24) to GBX 6,300 ($82.87) and gave the stock a buy rating in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Intertek Group has a consensus rating of Hold and an average price target of GBX 5,332.22 ($70.14).

LON:ITRK opened at GBX 5,460 ($71.82) on Monday. The stock’s 50 day moving average price is GBX 5,358.12 and its 200 day moving average price is GBX 5,426.45. The company has a market capitalization of $8.81 billion and a PE ratio of 30.49. The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 141.86. Intertek Group has a 52-week low of GBX 56.22 ($0.74) and a 52-week high of GBX 5,982 ($78.69).

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.

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Analyst Recommendations for Intertek Group (LON:ITRK)

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