INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) was downgraded by investment analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Tuesday, The Fly reports.
Other equities analysts also recently issued research reports about the company. Zacks Investment Research raised INTERTEK GRP PL/ADR from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a research report on Wednesday, November 20th. Jefferies Financial Group raised INTERTEK GRP PL/ADR from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. Finally, ValuEngine downgraded INTERTEK GRP PL/ADR from a “buy” rating to a “hold” rating in a research report on Friday, September 27th. Four analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. INTERTEK GRP PL/ADR currently has a consensus rating of “Hold” and a consensus price target of $80.00.
INTERTEK GRP PL/ADR stock traded down $0.97 during mid-day trading on Tuesday, hitting $75.45. The company’s stock had a trading volume of 510 shares, compared to its average volume of 23. The company has a 50 day moving average of $74.23 and a 200-day moving average of $70.09. The stock has a market cap of $12.33 billion, a PE ratio of 28.47, a P/E/G ratio of 4.34 and a beta of 0.82. INTERTEK GRP PL/ADR has a one year low of $61.36 and a one year high of $76.43.
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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