Intertek Group plc (LON:ITRK) Given Consensus Recommendation of “Hold” by Analysts

Intertek Group plc (LON:ITRK) has received an average rating of “Hold” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 5,300.

A number of equities analysts recently weighed in on the stock. Berenberg Bank restated a “buy” rating and set a GBX 5,700 target price on shares of Intertek Group in a research report on Wednesday, August 6th. Shore Capital restated a “hold” rating and set a GBX 4,500 target price on shares of Intertek Group in a research report on Friday, August 1st. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 5,000 target price on shares of Intertek Group in a research report on Friday, August 1st. JPMorgan Chase & Co. restated a “no recommendation” rating on shares of Intertek Group in a research report on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 5,300 target price on shares of Intertek Group in a research report on Monday, August 4th.

Insider Buying and Selling

In other Intertek Group news, insider Robin Freestone acquired 2,191 shares of the stock in a transaction on Friday, August 1st. The stock was acquired at an average price of GBX 4,541 per share, for a total transaction of £99,493.31. 1.18% of the stock is owned by company insiders.

Intertek Group Stock Performance

Shares of LON ITRK opened at GBX 4,952 on Monday. The company has a debt-to-equity ratio of 103.83, a current ratio of 1.27 and a quick ratio of 1.19. The firm has a fifty day moving average price of GBX 4,702.68 and a 200-day moving average price of GBX 4,725.09. Intertek Group has a 1 year low of GBX 4,044 and a 1 year high of GBX 5,575. The stock has a market cap of £7.63 billion, a PE ratio of 2,215.66, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.

Intertek Group (LON:ITRK) last issued its earnings results on Friday, August 1st. The company reported GBX 112.50 earnings per share for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. Equities analysts anticipate that Intertek Group will post 263.7305699 earnings per share for the current fiscal year.

About Intertek Group

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.