Intertek Group plc 19.8% potential upside indicated by JP Morgan Cazenove

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Intertek Group plc with ticker (LON:ITRK) now has a potential upside of 19.8% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 4,700 GBX for the company, which when compared to the Intertek Group plc share price of 3,768 GBX at opening today (18/10/2022) indicates a potential upside of 19.8%. Trading has ranged between 3,485 (52 week low) and 5,824 (52 week high) with an average of 356,837 shares exchanging hands daily. The market capitalisation at the time of writing is £6,074,836,284.

Intertek Group plc is a United Kingdom-based company, which offers quality assurance services. The Company’s segments include Products, Trade and Resources. Its Products-related businesses consist of business lines that are focused on ensuring the quality and safety of physical components and products, as well as minimizing risk through assessing the operating processes and quality management systems of its customers. The Trade division consists of three business lines: Caleb Brett, which provides cargo inspection, analytical assessment, calibration and related research and technical services; Government & Trade Services business, which provides inspection services to governments and regulatory bodies to support trade activities, and Agriculture business, which provides analytical and testing services to global agricultural trading companies and growers. Its Resources division consists of two business lines: Industry Services business and Mineral business.



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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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