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

Intertek Group plc (LON:ITRK) has earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 5,425 ($68.93).

Several research firms have recently commented on ITRK. Royal Bank of Canada restated an “outperform” rating and set a GBX 5,200 ($66.07) price target on shares of Intertek Group in a research report on Thursday, August 15th. JPMorgan Chase & Co. raised their price target on Intertek Group from GBX 5,400 ($68.61) to GBX 5,500 ($69.89) and gave the stock an “overweight” rating in a research report on Thursday. Finally, Shore Capital upgraded Intertek Group to a “hold” rating in a report on Tuesday, November 19th.

Intertek Group Trading Up 1.3 %

ITRK opened at GBX 4,820 ($61.25) on Thursday. Intertek Group has a 52 week low of GBX 4,011 ($50.97) and a 52 week high of GBX 5,240 ($66.58). The business has a fifty day simple moving average of GBX 4,828.76 and a 200-day simple moving average of GBX 4,835.65. The firm has a market cap of £7.77 billion, a P/E ratio of 2,536.84, a P/E/G ratio of 1.99 and a beta of 0.63. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 100.41.

About Intertek Group

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.