StockMarketWire.com - UBS today reaffirms its neutral investment rating on Intertek Group PLC [LON:ITRK] and raised its price target to 5300p (from 5000p).
Intertek Group (LON:ITRK)‘s stock had its “hold” rating reissued by Shore Capital in a report issued on Tuesday. A number of other research firms have also issued reports on ITRK. UBS Group reiterated ...
Intertek has acquired UK and Malaysia-based network security and assurance services provider, NTA Monitor, for an undisclosed sum.
Paragon: Numis upgrades to buy with a target price of 452p.
St James Place: Deutsche Bank upgrades to buy with a target price of 1,430p.
Intertek Group said it was on track to deliver on its 2018 targets in a trading update on Thursday, reporting group revenue of £861.2m for the four months to 30 April - an increase of 4.4% at constant rates, but down 2.5% at actual rates.
(WebFG News) - Intertek was under the cosh on Wednesday as Credit Suisse cut its stance on the stock 'underperform' from 'neutral' and slashed the price target to 4,600p from 5,450p to reflect slightly lower near-term forecasts and an increased risk in the testing sector.
Intertek Group on Thursday said it has agreed to buy Proasem, a provider of laboratory testing, inspection, metrology and training services, based in Colombia, for an undisclosed sum.
Product testing, inspection and certification company, Intertek, has acquired Malta-based quality and quantity cargo inspection services provider Aldo Abela Surveys (AAS) for an undisclosed sum.
Capita: Shore Capital Markets upgrades to hold.
Inspection, product testing and certification company Intertek posted a jump in full-year pre-tax profit on Tuesday as revenue grew and it lifted its dividend.
SIG: Canaccord downgrades to Hold with a target price of 180p.
Reckitt Benckiser: JPMorgan upgrades to Overweight with a target price of 7500p
Inspection, product testing and certification company Intertek Group reported "solid" organic growth, margin accretion and expectations of strong full-year cash in its trading update on Tuesday.
Analysts at Credit Suisse upgraded their recommendation on shares of Intertek, admitting that some of the potential risks which had led them to be more cautious had not materialised.
Hikma Pharmaceuticals: Morgan Stanley downgrades to Equal Weight with a target price of 1600p.
Inspection, product testing and certification company Intertek described a first half of "strong" earnings growth and cash generation on Tuesday, with revenue improving 2.7% and constant currencies and 13.9% at actual rates to £1.372bn.
Intertek: Berenberg downgrades to Hold with a target price of 4450p.
HSBC: Morgan Stanley upgrades to Overweight with a target price of 850p.
Halfords: Numis upgrades to Hold with a target price of 360p.