Intertek Group plc with ticker (LON:ITRK) now has a potential upside of 4.7% according to RBC Capital Markets.
ITRK.L
RBC Capital Markets set a target price of 5,200 GBX for the company, which when compared to the Intertek Group plc share price of 4,966 GBX at opening today (06/09/2024) indicates a potential upside of 4.7%. Trading has ranged between 3,746 (52 week low) and 5,145 (52 week high) with an average of 307,052 shares exchanging hands daily. The market capitalisation at the time of writing is £8,037,376,380.
Intertek Group plc is a United Kingdom-based total quality assurance provider. The Company delivers bespoke assurance, testing, inspection and certification (ATIC) solutions for its customers’ operations and supply chains. Its segments include Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy. Its Consumer Products segment focuses on the ATIC solutions and includes business lines, including Softlines, Hardlines, Electrical/Connected World and Government and Trade Services. Its Corporate Assurance segment focuses on industry-agnostic assurance solutions and includes Business Assurance and Assuris. The Health and Safety segment includes AgriWorld, Food and Chemical and Pharma business lines. The Industry and Infrastructure includes industry services, minerals and buildings and construction. The World of Energy includes Caleb Brett, Transportation Technologies (TT) and Clean Energy Associates (CEA).
Intertek Group plc 4.7% potential upside indicated by RBC Capital Markets
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- Written by: Charlotte Edwards
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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.