Intertek Group plc (LON:ITRK) Insider Robin Freestone Buys 2,191 Shares

Intertek Group plc (LON:ITRK) insider Robin Freestone acquired 2,191 shares of Intertek Group stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of GBX 4,541 ($60.35) per share, for a total transaction of £99,493.31 ($132,234.60).

Intertek Group Trading Up 1.2%

ITRK opened at GBX 4,665.72 ($62.01) on Tuesday. The stock has a market cap of £7.49 billion, a PE ratio of 24.32, a PEG ratio of 1.99 and a beta of 0.63. 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 business has a 50 day moving average of GBX 4,801.53 and a 200-day moving average of GBX 4,856.17. Intertek Group plc has a 52 week low of GBX 4,044 ($53.75) and a 52 week high of GBX 5,575 ($74.10).

Intertek Group (LON:ITRK) last released its earnings results on Friday, August 1st. The company reported GBX 112.50 ($1.50) EPS for the quarter. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%. Equities research analysts predict that Intertek Group plc will post 263.7305699 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ITRK shares. Shore Capital restated a “hold” rating and set a GBX 4,500 ($59.81) price target on shares of Intertek Group in a research report on Friday. Berenberg Bank reduced their price target on Intertek Group from GBX 6,000 ($79.74) to GBX 5,700 ($75.76) and set a “buy” rating on the stock in a research report on Friday, May 30th. JPMorgan Chase & Co. restated a “no recommendation” rating on shares of Intertek Group in a research report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 5,300 ($70.44) price target on shares of Intertek Group in a research report on Monday. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 5,000 ($66.45) price target on shares of Intertek Group in a research report on Friday. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 5,200 ($69.11).

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.