Analysts Set Intertek Group plc (LON:ITRK) PT at GBX 5,169.50

Shares of Intertek Group plc (LON:ITRK) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 5,169.50.

ITRK has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped their price target on shares of Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Citigroup decreased their price objective on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating for the company in a research report on Thursday, March 5th.

Insider Buying and Selling

In other Intertek Group news, insider Robin Freestone purchased 2,455 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average cost of GBX 4,051 per share, for a total transaction of £99,452.05. Company insiders own 1.18% of the company’s stock.

Intertek Group Trading Down 0.6%

Shares of ITRK stock opened at GBX 3,838 on Thursday. Intertek Group has a 1-year low of GBX 3,813.40 and a 1-year high of GBX 5,150. The company has a current ratio of 1.08, a quick ratio of 1.19 and a debt-to-equity ratio of 152.20. The stock has a market cap of £5.89 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 1.99 and a beta of 0.66. The stock has a 50-day moving average of GBX 4,459.66 and a 200-day moving average of GBX 4,654.17.

Intertek Group (LON:ITRK) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 255.90 EPS for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. On average, equities research analysts forecast that Intertek Group will post 263.7305699 earnings per share for the current year.

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. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.