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Intertek Group plc 8.5% Potential Decrease Indicated by Goldman Sachs

Intertek Group plc with EPIC/TICKER (LON:ITRK) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Intertek Group plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 5300 GBX on its stock. This would imply the analyst believes there is a potential downside of -8.5% from the opening price of 5790 GBX. Over the last 30 and 90 trading days the company share price has increased 100 points and increased 650 points respectively. The 1 year high stock price is 5982 GBX while the 52 week low for the stock is 4583 GBX.

Intertek Group plc has a 50 day moving average of 5,622.43 GBX and a 200 Day Moving Average share price is recorded at 5,489.90. There are currently 161,393,127 shares in issue with the average daily volume traded being 330,582. Market capitalisation for LON:ITRK is £9,460,865,104 GBP.