Intertek Group plc -3.6% potential downside indicated by Citigroup

Intertek Group plc with ticker (LON:ITRK) now has a potential downside of -3.6% according to Citigroup.



Citigroup set a target price of 3,900 GBX for the company, which when compared to the Intertek Group plc share price of 4,046 GBX at opening today (22/08/2023) indicates a potential downside of -3.6%. Trading has ranged between 3,485 (52 week low) and 4,549 (52 week high) with an average of 238,131 shares exchanging hands daily. The market capitalisation at the time of writing is £6,554,173,791.

Intertek Group plc is a United Kingdom-based company, which offers quality assurance services. The Company provides bespoke assurance, testing, inspection, and certification services to customers. The Company’s segments include Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy. The Consumer Products division focuses on ATIC solutions. It includes business lines, such as Softlines, Hardlines, Electrical/Connected World and Government and Trade Services. The Corporate Assurance division focuses on industry-agnostic Assurance solutions. It includes business lines, which are Business Assurance and Assuris. The Health and Safety division includes AgriWorld, Food, and Chemical and Pharma business lines. The Industry and Infrastructure includes industry services, minerals and building and construction. The World of Energy includes Caleb Brett, Transportation Technologies (TT) and Clean Energy Associates (CEA).