Shares of INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) have been assigned an average recommendation of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.
Several brokerages have commented on IKTSY. Goldman Sachs Group upgraded shares of INTERTEK GRP PL/ADR from a “sell” rating to a “neutral” rating in a report on Tuesday. Societe Generale lowered shares of INTERTEK GRP PL/ADR from a “hold” rating to a “sell” rating in a report on Friday, August 2nd. Morgan Stanley lowered shares of INTERTEK GRP PL/ADR from an “equal weight” rating to an “underweight” rating in a report on Monday, August 5th. Zacks Investment Research lowered shares of INTERTEK GRP PL/ADR from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Finally, ValuEngine lowered shares of INTERTEK GRP PL/ADR from a “buy” rating to a “hold” rating in a report on Friday, September 27th.
IKTSY traded down $1.36 during trading on Monday, hitting $68.00. 206 shares of the stock traded hands, compared to its average volume of 34. The firm has a market capitalization of $11.19 billion, a P/E ratio of 25.66, a price-to-earnings-growth ratio of 4.35 and a beta of 0.76. The firm has a 50-day moving average of $67.16 and a 200 day moving average of $68.74. INTERTEK GRP PL/ADR has a 12-month low of $57.15 and a 12-month high of $71.90.
Intertek Group plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.
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