Intertek Group plc (OTCMKTS:IKTSY) Plans Dividend of $0.89

Intertek Group plc (OTCMKTS:IKTSYGet Rating) declared a dividend on Saturday, May 21st, reports. Investors of record on Friday, May 27th will be given a dividend of 0.8905 per share by the business services provider on Tuesday, July 5th. This represents a yield of 2.13%. The ex-dividend date of this dividend is Thursday, May 26th.

Intertek Group stock opened at $61.41 on Friday. Intertek Group has a 52 week low of $58.53 and a 52 week high of $86.38. The business has a 50-day simple moving average of $65.44 and a 200 day simple moving average of $70.03. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.75 and a current ratio of 0.76.

Several equities analysts recently commented on the company. Citigroup reduced their target price on Intertek Group from GBX 6,604 ($81.41) to GBX 6,236 ($76.87) in a research report on Wednesday, March 2nd. Zacks Investment Research cut Intertek Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. HSBC cut Intertek Group from a “buy” rating to a “hold” rating in a report on Friday, April 8th. Finally, JPMorgan Chase & Co. upgraded Intertek Group from a “neutral” rating to an “overweight” rating in a report on Wednesday, January 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $3,157.50.

About Intertek Group (Get Rating)

Intertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, and internationally. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.

Further Reading

Dividend History for Intertek Group (OTCMKTS:IKTSY)

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