Intertek (ITRK) Receives a Buy from Berenberg Bank
In a report released on May 30, Carl Raynsford from Berenberg Bank maintained a Buy rating on Intertek (ITRK – Research Report), with a price target of p5,700.00.
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Raynsford covers the Industrials sector, focusing on stocks such as Brenntag AG, Intertek, and IMCD N.V.. According to TipRanks, Raynsford has an average return of -4.3% and a 44.74% success rate on recommended stocks.
In addition to Berenberg Bank, Intertek also received a Buy from Citi's Arthur Truslove in a report issued on May 26. However, on May 22, RBC Capital maintained a Hold rating on Intertek (LSE: ITRK).
ITRK market cap is currently £7.59B and has a P/E ratio of 22.32.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ITRK in relation to earlier this year.
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