Several other analysts also recently weighed in on the company. Jefferies Group raised Intertek Group plc to a buy rating and boosted their target price for the company from GBX 3,000 ($37.13) to GBX 4,300 ($53.22) in a report on Tuesday, October 4th. Goldman Sachs Group Inc. restated a neutral rating and issued a GBX 3,240 ($40.10) price target on shares of Intertek Group plc in a research report on Monday, June 27th. BNP Paribas restated a neutral rating on shares of Intertek Group plc in a research report on Monday, August 1st. Beaufort Securities cut Intertek Group plc to a sell rating in a research report on Tuesday, August 2nd. Finally, Credit Suisse Group AG boosted their price target on Intertek Group plc from GBX 2,900 ($35.89) to GBX 3,200 ($39.60) and gave the company a neutral rating in a research report on Monday, June 20th. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of GBX 3,321.88 ($41.11).
Shares of Intertek Group plc (LON:ITRK) traded up 0.44% during trading on Thursday, reaching GBX 3631.00. The company’s stock had a trading volume of 101,375 shares. The company has a 50 day moving average price of GBX 3,554.08 and a 200 day moving average price of GBX 3,401.30. Intertek Group plc has a 52 week low of GBX 2,511.00 and a 52 week high of GBX 3,806.00. The firm’s market capitalization is GBX 5.84 billion.
The firm also recently declared a dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 29th will be paid a dividend of GBX 19.40 ($0.24) per share. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, September 29th.
Intertek Group plc Company Profile
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