Intertek Group plc 6.4% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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Intertek Group plc using EPIC/TICKER code (LON:ITRK) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Credit Suisse. Intertek Group plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 5000 GBX on its stock. This is indicating the analyst believes there is a potential downside of -6.4% from the opening price of 5344 GBX. Over the last 30 and 90 trading days the company share price has increased 604 points and decreased 178 points respectively. The 52 week high share price is 6178 GBX while the 52 week low for the stock is 3786 GBX.

Intertek Group plc has a 50 day moving average of 4,806.87 GBX and the 200 Day Moving Average price is recorded at 5,386.47. There are currently 161,393,127 shares in issue with the average daily volume traded being 402,169. Market capitalisation for LON:ITRK is £8,573,202,906 GBP.

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    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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