Intertek Group plc (LON:ITRK) Receives GBX 5,355.50 Consensus PT from Analysts

Intertek Group plc (LON:ITRK) has been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 5,355.50.

A number of analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,800 price target on shares of Intertek Group in a research report on Thursday, September 11th. Citigroup upped their target price on shares of Intertek Group from GBX 5,791 to GBX 5,833 and gave the company a “buy” rating in a research note on Thursday, November 27th.

Intertek Group Price Performance

Shares of ITRK opened at GBX 4,664 on Friday. The stock has a market cap of £7.16 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Intertek Group has a 1 year low of GBX 4,044 and a 1 year high of GBX 5,575. The stock’s 50-day moving average price is GBX 4,800.11 and its two-hundred day moving average price is GBX 4,771.86. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83.

Intertek Group Company Profile

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.