Intertek Group plc (LON:ITRK) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Intertek Group plc has received a consensus rating of "Hold" from five research firms, including three hold ratings and two buy ratings.
• The average target price for Intertek Group shares is GBX 5,300, with varying projections from different analysts ranging from GBX 4,500 to GBX 5,800.
• Insider Robin Freestone recently purchased 2,191 shares at an average price of GBX 4,541, indicating confidence in the company's future performance.

Shares of Intertek Group plc (LON:ITRK - Get Free Report) have received an average recommendation of "Hold" from the five analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 5,300.

Several research firms recently weighed in on ITRK. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 5,700 price objective on shares of Intertek Group in a research note on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 5,300 price objective on shares of Intertek Group in a research note on Monday, August 4th. Shore Capital reaffirmed a "hold" rating and issued a GBX 4,500 price objective on shares of Intertek Group in a research note on Friday, August 1st. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 5,000 price target on shares of Intertek Group in a research note on Friday, August 1st. Finally, JPMorgan Chase & Co. reissued a "no recommendation" rating on shares of Intertek Group in a research note on Thursday, July 17th.

Intertek Group Stock Performance

ITRK traded up GBX 16.42 during trading hours on Thursday, reaching GBX 4,680.42. The company's stock had a trading volume of 435,157 shares, compared to its average volume of 1,430,849. Intertek Group has a 52 week low of GBX 4,044 and a 52 week high of GBX 5,575. The company's 50-day moving average is GBX 4,759.42 and its 200-day moving average is GBX 4,765.92. 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 firm has a market cap of £7.28 billion, a PE ratio of 2,094.15, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.

Intertek Group (LON:ITRK - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported GBX 112.50 earnings per share for the quarter. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%. On average, equities analysts forecast that Intertek Group will post 263.7305699 EPS for the current year.

Insider Activity at Intertek Group

In other news, insider Robin Freestone purchased 2,191 shares of the business's stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of GBX 4,541 per share, with a total value of £99,493.31. Insiders own 1.17% of the company's stock.

Intertek Group Company Profile

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.