Intertek Group plc (ITRK) Upgraded to Buy by Jefferies Group
Jefferies Group upgraded shares of Intertek Group plc (LON:ITRK) to a buy rating in a research note published on Tuesday. The brokerage currently has GBX 4,300 ($56.13) price target on the stock, up from their previous price target of GBX 3,000 ($39.16).
ITRK has been the topic of a number of other reports. BNP Paribas reissued a neutral rating and issued a GBX 3,500 ($45.69) target price on shares of Intertek Group plc in a research note on Monday, July 18th. Kepler Capital Markets assumed coverage on shares of Intertek Group plc in a research note on Monday, June 13th. They issued a hold rating and a GBX 3,480 ($45.42) target price on the stock. Barclays PLC reissued an equal weight rating and issued a GBX 3,700 ($48.30) target price on shares of Intertek Group plc in a research note on Tuesday, August 2nd. HSBC reissued a reduce rating and issued a GBX 3,010 ($39.29) target price on shares of Intertek Group plc in a research note on Monday, August 8th. Finally, Credit Suisse Group AG raised their target price on shares of Intertek Group plc from GBX 2,900 ($37.85) to GBX 3,200 ($41.77) and gave the stock a neutral rating in a research note on Monday, June 20th. Six equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company’s stock. Intertek Group plc has an average rating of Hold and an average target price of GBX 3,321.88 ($43.36).
Intertek Group plc (LON:ITRK) opened at 3713.00 on Tuesday. The company’s market cap is GBX 5.97 billion. The company has a 50-day moving average price of GBX 3,543.06 and a 200 day moving average price of GBX 3,376.88. Intertek Group plc has a 52 week low of GBX 2,504.00 and a 52 week high of GBX 3,806.00.
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 GBX 19.40 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a dividend yield of 0.55%.
Intertek Group plc Company Profile
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