Intertek Group plc 18.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Intertek Group plc using EPIC/TICKER code (LON:ITRK) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Intertek Group plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 5500 GBX on its stock. This is indicating the analyst believes there is a potential upside of 18.5% from the opening price of 4643 GBX. Over the last 30 and 90 trading days the company share price has decreased 505 points and decreased 114 points respectively. The 1 year high for the share price is 6084 GBX while the 52 week low is 4323 GBX.

Intertek Group plc has a 50 day moving average of 5,052.64 GBX and the 200 Day Moving Average price is recorded at 5,130.09. There are currently 161,393,127 shares in issue with the average daily volume traded being 344,546. Market capitalisation for LON:ITRK is £7,459,590,329 GBP.

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    Intertek Group Plc reports strong July-October performance, with 6.8% revenue growth. On track for a robust 2024 driven by key sector gains.
    Intertek Group plc (LON:ITRK) reports robust 2024 half-year results with double-digit growth in operating profit, EPS, and free cash flow. Revenue rose to £1,669.5m.

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