Intertek Gp (OTCMKTS:IKTSY) Downgraded to Hold Rating by Jefferies Financial Group

Jefferies Financial Group lowered shares of Intertek Gp (OTCMKTS:IKTSY) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Kepler Capital Markets raised shares of Intertek Gp to a “hold” rating in a research note on Monday, May 18th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Intertek Gp Stock Up 0.3%

Intertek Gp stock opened at $77.80 on Monday. Intertek Gp has a 12-month low of $47.35 and a 12-month high of $79.56. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03. The firm’s 50-day moving average is $75.89 and its two-hundred day moving average is $64.93.

About Intertek Gp

INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.