INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) from a hold rating to a buy rating in a research note published on Wednesday, reports. They currently have $77.00 price target on the business services provider’s stock.

According to Zacks, “Intertek Group plc provides assurance, testing, inspection and certification solutions. It serves laboratories and offices. Intertek Group plc is headquartered in London, the United Kingdom. “

A number of other equities analysts have also commented on the company. Credit Suisse Group raised INTERTEK GRP PL/ADR from a neutral rating to an outperform rating in a research note on Monday, June 22nd. Societe Generale raised INTERTEK GRP PL/ADR from a sell rating to a hold rating in a research note on Tuesday, April 7th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of $77.00.

INTERTEK GRP PL/ADR stock opened at $74.10 on Wednesday. The stock’s 50 day moving average is $68.20 and its 200 day moving average is $67.05. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.07 and a quick ratio of 1.05. The firm has a market cap of $11.96 billion, a P/E ratio of 27.34 and a beta of 0.76. INTERTEK GRP PL/ADR has a one year low of $46.63 and a one year high of $80.24.


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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