INTERTEK GP (IKTSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Intertek Group PLC (LSE:ITRK) shares are up more than 15% this year, leading analysts from Shore Capital Markets in March to cite a full valuation of the FTSE 100-listed quality and safety services corporation. This puts the onus on Intertek to justify its lofty £8 billion valuation when it posts its next trading update on Friday, 24 May.