Broker Recommendations

Berenberg hikes target price on Intertek

By Iain Gilbert

Date: Tuesday 11 Jun 2024

(Sharecast News) - Analysts at Berenberg hiked their target price on quality assurance business Intertek from 5,400.0p to 5,500.0p on Tuesday, citing faster-than-expected margin accretion.
Berenberg stated that despite a strong first-quarter update, Intertek's stock price movement was "surprisingly muted" on the day.

"Our belief is that despite bullish looking...

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