Rating Change: Is Societe Generale Very Positive For Intertek Group (IKTSY) After Its Upgrade?

November 25, 2016 - By Marguerite Chambers

Rating Change:  Is Societe Generale Very Positive For Intertek Group (IKTSY) After Its Upgrade?

Intertek Group (IKTSY) Upgrade

Intertek Group (IKTSY)‘s rating was raised by professional analysts at Societe Generale from a Sell rating to a Hold rating in a an analyst report revealed to investors and clients on Friday morning.

INTERTEK GROUP UNSP ADR EACH REPR 1 ORD (OTCMKTS:IKTSY) Ratings Coverage

Out of 2 analysts covering Intertek Group (IKTSY), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Intertek Group has been the topic of 2 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, December 10 by Citigroup. The firm has “Neutral” rating by BNP Paribas given on Thursday, September 17.

It is down 15.10% since April 22, 2016 and is downtrending. It has underperformed by 20.51% the S&P500.

According to Zacks Investment Research, “Intertek Group plc provides assurance, testing, inspection and certification solutions. It serves laboratories and offices. Intertek Group plc is headquartered in London, the United Kingdom.”

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