Intertek Group (LON:ITRK - Get Free Report) had its target price dropped by research analysts at Berenberg Bank from GBX 6,000 ($81.11) to GBX 5,700 ($77.06) in a report issued on Friday, Marketbeat Ratings reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price target suggests a potential upside of 19.95% from the stock's previous close.
Separately, Shore Capital reiterated a "hold" rating on shares of Intertek Group in a research report on Thursday, May 22nd.
Read Our Latest Analysis on Intertek Group
Intertek Group Stock Performance
LON ITRK traded down GBX 2 ($0.03) during trading on Friday, reaching GBX 4,752 ($64.24). The company's stock had a trading volume of 999,785 shares, compared to its average volume of 1,914,075. The firm has a market cap of £7.63 billion, a price-to-earnings ratio of 24.77, a P/E/G ratio of 1.99 and a beta of 0.63. The company has a debt-to-equity ratio of 103.83, a quick ratio of 1.19 and a current ratio of 1.27. The business's fifty day moving average price is GBX 4,671.27 and its 200-day moving average price is GBX 4,822.55. Intertek Group has a twelve month low of GBX 4,044 ($54.67) and a twelve month high of GBX 5,575 ($75.37).
Intertek Group (LON:ITRK - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 242.60 ($3.28) EPS for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. As a group, analysts anticipate that Intertek Group will post 263.7305699 EPS for the current fiscal year.
Insiders Place Their Bets
In other Intertek Group news, insider Steven L. Mogford acquired 121 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average price of GBX 4,892 ($66.13) per share, with a total value of £5,919.32 ($8,002.33). Also, insider Robin Freestone acquired 2,198 shares of Intertek Group stock in a transaction that occurred on Tuesday, April 15th. The shares were bought at an average price of GBX 4,525 ($61.17) per share, with a total value of £99,459.50 ($134,459.24). 0.45% of the stock is owned by company insiders.
About Intertek Group
(
Get Free Report)
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.
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