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Intertek: Oddo BHF raises target price

( - Oddo BHF maintains its "outperform" rating on Intertek shares, having raised its target price for them from 4,500 pence to 4,700 pence, given the group's strong medium-term fundamentals and judging the valuation multiples consistent with current momentum.

The broker welcomes the British certification services group's latest publication and does not rule out the scenario of an upward revision of its guidance - particularly at the topline - at its next half-yearly publication.

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