Jefferies Group upgraded shares of Intertek Group plc (LON:ITRK) to a buy rating in a research note published on Tuesday. They currently have GBX 4,300 ($56.13) price objective on the stock, up from their prior price objective of GBX 3,000 ($39.16).
Other research analysts also recently issued reports about the company. Kepler Capital Markets began coverage on Intertek Group plc in a report on Monday, June 13th. They set a hold rating and a GBX 3,480 ($45.42) price objective for the company. Goldman Sachs Group Inc. reiterated a neutral rating and set a GBX 3,240 ($42.29) price objective on shares of Intertek Group plc in a report on Monday, June 27th. BNP Paribas reiterated a neutral rating and set a GBX 3,300 ($43.08) price objective on shares of Intertek Group plc in a report on Monday, June 13th. JPMorgan Chase & Co. increased their price objective on Intertek Group plc from GBX 3,231 ($42.17) to GBX 3,547 ($46.30) and gave the stock an overweight rating in a report on Tuesday, August 2nd. Finally, Societe Generale downgraded Intertek Group plc to a sell rating and increased their price objective for the stock from GBX 3,230 ($42.16) to GBX 3,300 ($43.08) in a report on Tuesday, August 2nd. Six analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the stock. Intertek Group plc presently has a consensus rating of Hold and a consensus price target of GBX 3,321.88 ($43.36).
Shares of Intertek Group plc (LON:ITRK) opened at 3708.00 on Tuesday. Intertek Group plc has a 52-week low of GBX 2,504.00 and a 52-week high of GBX 3,806.00. The company’s market capitalization is GBX 5.97 billion. The stock’s 50 day moving average price is GBX 3,548.92 and its 200-day moving average price is GBX 3,385.17.
The company also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 29th will be issued a dividend of GBX 19.40 ($0.25) per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 0.55%.
Intertek Group plc Company Profile
Receive News & Ratings for Intertek Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group plc and related companies with MarketBeat.com's FREE daily email newsletter.