Intertek Group (LON:ITRK) Upgraded at Shore Capital

Shore Capital upgraded shares of Intertek Group (LON:ITRK) to a hold rating in a research note released on Tuesday morning, Marketbeat reports.

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 5,200 ($65.47) price objective on shares of Intertek Group in a research report on Thursday, August 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Intertek Group has a consensus rating of “Moderate Buy” and an average target price of GBX 5,425 ($68.30).

Intertek Group Price Performance

Intertek Group stock opened at GBX 4,460 ($56.15) on Tuesday. The business has a 50 day simple moving average of GBX 4,888.95 and a 200 day simple moving average of GBX 4,853.32. The company has a debt-to-equity ratio of 100.41, a current ratio of 1.27 and a quick ratio of 1.19. The company has a market capitalization of £7.19 billion, a PE ratio of 2,340.00, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Intertek Group has a one year low of GBX 3,786 ($47.66) and a one year high of GBX 5,240 ($65.97).

Intertek Group Company Profile

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.