Intertek Group plc 8.2% Potential Decrease Indicated by Berenberg

Broker Ratings
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Intertek Group plc with EPIC/TICKER (LON:ITRK) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Intertek Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 4350 GBX on its stock. This indicates the analyst believes there is a potential downside of -8.2% from today’s opening price of 4739 GBX. Over the last 30 and 90 trading days the company share price has decreased 585 points and decreased 1109 points respectively. The 1 year high for the share price is 6178 GBX while the 52 week low is 3786 GBX.

Intertek Group plc has a 50 day moving average of 5,529.56 GBX and a 200 day moving average of 5,546.80. There are currently 161,393,127 shares in issue with the average daily volume traded being 665,818. Market capitalisation for LON:ITRK is £7,324,020,103 GBP.

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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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