Intertek Group plc (LON:ITRK) Given Consensus Rating of "Hold" by 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.

Intertek Group plc (LON:ITRK - Get Free Report) has been given an average recommendation of "Hold" by the five ratings firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 5,300.

Several brokerages recently weighed in on ITRK. JPMorgan Chase & Co. reiterated a "no recommendation" rating on shares of Intertek Group in a research report on Thursday, July 17th. Shore Capital restated a "hold" rating and set a GBX 4,500 price target on shares of Intertek Group in a research report on Friday, August 1st. Berenberg Bank restated a "buy" rating and set a GBX 5,700 price target on shares of Intertek Group in a research report on Wednesday, August 6th. Royal Bank Of Canada restated a "sector perform" rating and set a GBX 5,000 price target on shares of Intertek Group in a research report on Friday, August 1st. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 5,800 price objective on shares of Intertek Group in a research note on Thursday, September 11th.

Intertek Group Stock Performance

Shares of LON ITRK traded up GBX 23.67 during midday trading on Thursday, hitting GBX 4,665.67. The company's stock had a trading volume of 473,543 shares, compared to its average volume of 1,422,617. Intertek Group has a 1-year low of GBX 4,044 and a 1-year high of GBX 5,575. The firm's fifty day moving average price is GBX 4,755.30 and its 200-day moving average price is GBX 4,759.96. 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 £7.25 billion, a P/E ratio of 2,087.55, a P/E/G ratio of 1.99 and a beta of 0.63.

Intertek Group (LON:ITRK - Get Free Report) last issued its quarterly earnings data 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%. On average, sell-side analysts forecast that Intertek Group will post 263.7305699 EPS for the current fiscal year.

Insider Buying and Selling at Intertek Group

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

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.