Intertek Group plc 23.6% potential upside indicated by Morgan Stanley

Intertek Group plc with ticker (LON:ITRK) now has a potential upside of 23.6% according to Morgan Stanley.



Morgan Stanley set a target price of 6,500 GBX for the company, which when compared to the Intertek Group plc share price of 4,963 GBX at opening today (20/04/2022) indicates a potential upside of 23.6%. Trading has ranged between 4,703 (52 week low) and 6,306 (52 week high) with an average of 350,721 shares exchanging hands daily. The market capitalisation at the time of writing is £7,987,344,519.

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.