Newest Rating: Intertek Group (LON:ITRK) Stock “Equal-weight” Rating Reconfirmed at Barclays; The Target is GBX 3700.00

November 23, 2016 - By whatsonthorold

Intertek Group (LON:ITRK) Rating

Intertek Group (LON:ITRK) had its stock rating noted as “Equal-weight” by analysts at Barclays. Barclays currently has a GBX 3700.00 target on the 5.16 billion GBP market cap company or 15.41% upside potential. This was revealed in analysts note on Wednesday morning.

Intertek Group plc (LON:ITRK) Ratings Coverage

Out of 21 analysts covering Intertek Group PLC (LON:ITRK), 5 rate it a “Buy”, 7 “Sell”, while 9 “Hold”. This means 24% are positive. GBX 4300 is the highest target while GBX 2120 is the lowest. The GBX 3336.30 average target is 4.13% above today’s (GBX 3204) stock price. Intertek Group PLC has been the topic of 124 analyst reports since July 27, 2015 according to StockzIntelligence Inc. BNP Paribas maintained Intertek Group plc (LON:ITRK) on Monday, August 1 with “Neutral” rating. Numis Securities maintained the stock with “Hold” rating in Monday, December 21 report. JP Morgan maintained the stock with “Overweight” rating in Wednesday, February 24 report. The firm has “Hold” rating by Berenberg given on Tuesday, August 4. The firm has “Neutral” rating by BNP Paribas given on Monday, April 11. The stock of Intertek Group plc (LON:ITRK) earned “Neutral” rating by BNP Paribas on Wednesday, November 4. The company was downgraded on Wednesday, July 27 by RBC Capital Markets. The stock has “Hold” rating given by Shore Capital on Tuesday, November 24. The firm has “Neutral” rating by BNP Paribas given on Monday, July 25. The rating was maintained by Berenberg on Monday, October 19 with “Hold”.

About 131,701 shares traded hands. Intertek Group plc (LON:ITRK) has declined 4.45% since April 25, 2016 and is downtrending. It has underperformed by 9.78% the S&P500.

Intertek Group plc is engaged in providing assurance, testing, inspection and certification services. The company has a market cap of 5.16 billion GBP.

ITRK Company Profile

Interlink Plus, Inc., incorporated on May 11, 2015, is engaged in providing services for overseas travel agents on hotel price quotation and negotiation, contract reviewing, detailed guests’ arrangements, hotel check-in assistance and tradeshow assistance. The Firm operates through two divisions, which include travel agency assistance services and convention services. The Firm also engages with a travel agency to assist it with hotel booking and customer service assistance. The Firm acts as a hotel booking service for groups of its clients that have sign up on their Website. The Firm is also engaged in catering to the individual exhibitors at the exhibitions.

Another recent and important Intertek Group plc (LON:ITRK) news was published by Fool.Co.Uk which published an article titled: “Is It Time To Buy GlaxoSmithKline plc, Intertek Group plc & Weir Group plc?” on April 24, 2016.

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