Intertek Group (LON:ITRK) had its price target cut by UBS Group from GBX 5,400 ($70.56) to GBX 5,000 ($65.33) in a research report report published on Tuesday, investing.thisismoney.co.uk reports. They currently have a neutral rating on the stock.
Several other research firms have also commented on ITRK. Shore Capital reiterated a hold rating on shares of Intertek Group in a research note on Tuesday, November 27th. Barclays reissued an equal weight rating and issued a GBX 4,950 ($64.68) price target (up previously from GBX 4,750 ($62.07)) on shares of Intertek Group in a report on Wednesday, September 19th. Deutsche Bank raised Intertek Group to a buy rating and increased their price target for the company from GBX 4,557 ($59.55) to GBX 5,100 ($66.64) in a report on Tuesday, December 11th. Finally, Berenberg Bank raised Intertek Group to a buy rating and increased their target price for the stock from GBX 5,200 ($67.95) to GBX 5,500 ($71.87) in a report on Friday, October 5th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 5,273.64 ($68.91).
Shares of LON:ITRK opened at GBX 5,038 ($65.83) on Tuesday. Intertek Group has a 52-week low of GBX 3,826 ($49.99) and a 52-week high of GBX 5,470 ($71.48).
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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