Intertek Group plc with ticker (LON:ITRK) now has a potential upside of 30.5% according to Citigroup.
Citigroup set a target price of 5,055 GBX for the company, which when compared to the Intertek Group plc share price of 3,875 GBX at opening today (27/10/2023) indicates a potential upside of 30.5%. Trading has ranged between 3,570 (52 week low) and 4,549 (52 week high) with an average of 293,682 shares exchanging hands daily. The market capitalisation at the time of writing is £6,212,020,419.
Intertek Group plc is a United Kingdom-based company, which offers quality assurance services. The Company provides bespoke assurance, testing, inspection, and certification services to customers. The Company’s segments include Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy. The Consumer Products division focuses on ATIC solutions. It includes business lines, such as Softlines, Hardlines, Electrical/Connected World and Government and Trade Services. The Corporate Assurance division focuses on industry-agnostic Assurance solutions. It includes business lines, which are Business Assurance and Assuris. The Health and Safety division includes AgriWorld, Food, and Chemical and Pharma business lines. The Industry and Infrastructure includes industry services, minerals and building and construction. The World of Energy includes Caleb Brett, Transportation Technologies and Clean Energy Associates. It also offers PlayerLync platform.
Intertek Group plc 30.5% potential upside indicated by Citigroup
- Written by: Charlotte Edwards
Latest Company News
Intertek has bought Professional Testing Laboratory in the US to strengthen its Quality Assurance capabilities in the flooring sector.
Intertek Group plc, the global Total Quality Assurance provider, has acquired Suplilab, a leading food safety and medical devices testing company based in San José, Costa Rica.
Intertek has acquired Envirolab, a leading environmental testing provider in Australia and New Zealand with revenues of £28m. The deal strengthens Intertek’s position in the fast-growing environmental testing sector, unlocking synergies with its existing client base and sustainability services.
Intertek Group plc reported H1 2025 revenue of £1.67 billion, up 4.5% at constant currency, with adjusted EPS rising 12.6%. Operating profit increased 9.7% to £276.3 million and margin improved by 80bps.
Intertek Group plc is set to enhance its Building & Construction QA services by acquiring Brazil's TESIS, responding to rising demands in the growing construction market.
Intertek Group plc (LON:ITRK) announces the resignation of Lynda Clarizio from its Board, effective March 31, 2025, without compensation for loss of office.
