Intertek Group plc (LON:ITRK) Receives Average Rating of "Hold" from Brokerages

Key Points

• Intertek Group plc has a consensus recommendation of "Hold" from five analysts, with three holding the stock and two issuing buy recommendations.
• The average 1-year price target among analysts for Intertek is GBX 5,300, while target prices from various banks range from GBX 5,000 to GBX 5,800.
• Insider Robin Freestone recently acquired 2,191 shares at an average price of GBX 4,541, indicating confidence in the company's prospects.

Shares of Intertek Group plc (LON:ITRK - Get Free Report) have been given a consensus recommendation of "Hold" by the five analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 5,300.

A number of analysts have commented on the stock. Berenberg Bank reaffirmed a "buy" rating and set a GBX 5,700 target price on shares of Intertek Group in a report on Wednesday, August 6th. JPMorgan Chase & Co. reaffirmed a "no recommendation" rating on shares of Intertek Group in a report on Thursday, July 17th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 5,000 target price on shares of Intertek Group in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 5,300 target price on shares of Intertek Group in a report on Monday, August 4th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 5,800 target price on shares of Intertek Group in a report on Thursday, September 11th.

Intertek Group Stock Up 0.1%

ITRK opened at GBX 4,952 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83. The firm has a 50 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 twelve month low of GBX 4,044 and a twelve month high of GBX 5,575. The stock has a market capitalization of £7.63 billion, a price-to-earnings ratio of 2,215.66, a PEG ratio of 1.99 and a beta of 0.63.

Intertek Group (LON:ITRK - Get Free Report) last released 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%. Equities research analysts forecast that Intertek Group will post 263.7305699 earnings per share for the current year.

Insider Activity

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

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.

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