Shore Capital Upgrades Intertek Group (LON:ITRK) to “Hold”

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

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

Intertek Group Trading Up 0.7 %

Shares of ITRK opened at GBX 4,460 ($56.15) on Tuesday. The company has a debt-to-equity ratio of 100.41, a quick ratio of 1.19 and a current ratio of 1.27. The firm has a market cap of £7.19 billion, a price-to-earnings ratio of 2,340.00, a PEG ratio of 1.99 and a beta of 0.63. Intertek Group has a 52-week low of GBX 3,786 ($47.66) and a 52-week high of GBX 5,240 ($65.97). The business’s fifty day moving average is GBX 4,888.95 and its 200-day moving average is GBX 4,853.32.

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.