Royal Bank Of Canada Reaffirms Sector Perform Rating for Intertek Group (LON:ITRK)

Intertek Group (LON:ITRK - Get Free Report)'s stock had its "sector perform" rating reaffirmed by research analysts at Royal Bank Of Canada in a research note issued on Friday, July 11th, Marketbeat reports. They currently have a GBX 5,000 ($67.59) target price on the stock. Royal Bank Of Canada's target price indicates a potential upside of 2.02% from the company's previous close.

Several other brokerages also recently weighed in on ITRK. Berenberg Bank reduced their target price on shares of Intertek Group from GBX 6,000 ($81.11) to GBX 5,700 ($77.06) and set a "buy" rating on the stock in a research note on Friday, May 30th. Shore Capital reaffirmed a "hold" rating on shares of Intertek Group in a research note on Thursday, May 22nd.

Intertek Group Price Performance

ITRK stock opened at GBX 4,901 ($66.26) on Friday. Intertek Group has a 52 week low of GBX 4,044 ($54.67) and a 52 week high of GBX 5,575 ($75.37). 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 company has a fifty day simple moving average of GBX 4,810.69 and a two-hundred day simple moving average of GBX 4,851.45. The firm has a market capitalization of £7.87 billion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.

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.