Intertek Group (LON:ITRK) Receives “Sell” Rating from Shore Capital

Shore Capital restated their sell rating on shares of Intertek Group (LON:ITRK) in a research note published on Tuesday, MarketBeat Ratings reports.

Several other equities analysts have also recently commented on the stock. Berenberg Bank upped their target price on shares of Intertek Group from GBX 5,800 ($75.09) to GBX 6,000 ($77.68) and gave the company a “buy” rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on shares of Intertek Group from GBX 5,400 ($69.91) to GBX 5,500 ($71.21) and gave the company an “overweight” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Intertek Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,675 ($73.47).

Intertek Group Price Performance

LON ITRK opened at GBX 4,958 ($64.19) on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83. The company has a fifty day simple moving average of GBX 5,053.76 and a 200 day simple moving average of GBX 4,903.82. The company has a market cap of £7.96 billion, a P/E ratio of 25.84, a P/E/G ratio of 1.99 and a beta of 0.63. Intertek Group has a 1 year low of GBX 4,394 ($56.89) and a 1 year high of GBX 5,575 ($72.18).

Intertek Group (LON:ITRK) last released its earnings results on Tuesday, March 4th. The company reported GBX 242.60 ($3.14) EPS for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. On average, sell-side analysts predict that Intertek Group will post 263.7305699 EPS for the current year.

About Intertek Group

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.