Intertek Group’s (ITRK) “Sell” Rating Reaffirmed at Shore Capital

Intertek Group (LON:ITRK)‘s stock had its “sell” rating reissued by investment analysts at Shore Capital in a research report issued to clients and investors on Tuesday,Digital Look reports.

ITRK has been the topic of a number of other research reports. Berenberg Bank lifted their target price on Intertek Group from GBX 5,800 ($74.67) to GBX 6,000 ($77.25) and gave the stock a “buy” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their target price on shares of Intertek Group from GBX 5,400 ($69.52) to GBX 5,500 ($70.81) and gave the stock 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. According to data from MarketBeat.com, Intertek Group has an average rating of “Moderate Buy” and an average price target of GBX 5,675 ($73.07).

Intertek Group Price Performance

Shares of Intertek Group stock traded down GBX 212 ($2.73) during mid-day trading on Tuesday, reaching GBX 4,958 ($63.83). 55,545,766 shares of the stock traded hands, compared to its average volume of 3,447,085. The business has a 50-day moving average of GBX 5,049.16 and a 200 day moving average of GBX 4,901.89. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83. The stock has a market capitalization of £7.96 billion, a PE ratio of 25.84, a PEG ratio of 1.99 and a beta of 0.63. Intertek Group has a fifty-two week low of GBX 4,394 ($56.57) and a fifty-two week high of GBX 5,575 ($71.78).

Intertek Group (LON:ITRK) last announced its quarterly earnings results on Tuesday, March 4th. The company reported GBX 242.60 ($3.12) EPS for the quarter. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%. On average, 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.