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Intertek Group plc 2.7% Potential Decrease Indicated by Morgan Stanley

Intertek Group plc using EPIC/TICKER code (LON:ITRK) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Morgan Stanley. Intertek Group plc are listed in the Industrials sector within UK Main Market. Morgan Stanley have set their target price at 5250 GBX on its stock. This would imply the analyst believes there is a potential downside of -2.7% from the opening price of 5396 GBX. Over the last 30 and 90 trading days the company share price has decreased 268 points and increased 282 points respectively. The 1 year high share price is 5982 GBX while the year low share price is currently 4323 GBX.

Intertek Group plc has a 50 day moving average of 5,599.60 GBX and a 200 day moving average of 5,128.43. There are currently 161,393,127 shares in issue with the average daily volume traded being 366,104. Market capitalisation for LON:ITRK is £8,689,405,957 GBP.