Intertek Group plc (ITRK) Received “Underperform” Rating at Credit Suisse Group AG

Intertek Group plc (ITRK) Received “Underperform” Rating at Credit Suisse Group AG

Intertek Group plc (LON:ITRK)‘s stock had its “underperform” rating restated by equities researchers at Credit Suisse Group AG in a research note issued on Tuesday.

ITRK has been the topic of several other research reports. Barclays PLC restated an “equal weight” rating and issued a GBX 3,700 ($45.70) price target on shares of Intertek Group plc in a research report on Wednesday, November 23rd. Numis Securities Ltd upgraded shares of Intertek Group plc to a “hold” rating and decreased their price target for the stock from GBX 3,100 ($38.29) to GBX 3,000 ($37.05) in a research report on Wednesday, November 23rd. Kepler Capital Markets restated a “hold” rating and issued a GBX 3,580 ($44.21) price target on shares of Intertek Group plc in a research report on Wednesday, November 23rd. JPMorgan Chase & Co. lifted their price target on shares of Intertek Group plc from GBX 3,547 ($43.81) to GBX 3,630 ($44.83) and gave the stock an “overweight” rating in a research report on Wednesday, November 23rd. Finally, Deutsche Bank AG decreased their price target on shares of Intertek Group plc from GBX 3,500 ($43.23) to GBX 3,400 ($41.99) and set a “hold” rating on the stock in a research report on Friday, November 18th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 3,691.40 ($45.59).

Shares of Intertek Group plc (LON:ITRK) traded up 0.36% on Tuesday, hitting GBX 3920.65. The company’s stock had a trading volume of 351,748 shares. The company’s market cap is GBX 6.31 billion. The stock’s 50 day moving average is GBX 3,647.05 and its 200-day moving average is GBX 3,475.55. Intertek Group plc has a 52 week low of GBX 3,037.39 and a 52 week high of GBX 4,024.00.

The business also recently announced a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, May 18th will be paid a dividend of GBX 43 ($0.53) per share. The ex-dividend date is Thursday, May 18th. This represents a dividend yield of 1.14%. This is a positive change from Intertek Group plc’s previous dividend of $19.40.

About Intertek Group plc

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