Brokerages Set Intertek Group plc (LON:ITRK) Price Target at GBX 5,169.50

Intertek Group plc (LON:ITRK) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages 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 research reports. Citigroup decreased their price objective on Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating on the stock in a report on Thursday. Jefferies Financial Group reduced their target price on shares of Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating for the company in a research report on Thursday.

Intertek Group Stock Up 0.0%

LON ITRK opened at GBX 4,045.15 on Thursday. Intertek Group has a 52 week low of GBX 3,882 and a 52 week high of GBX 5,335. The stock has a market capitalization of £6.21 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. The stock has a fifty day moving average of GBX 4,504.78 and a 200-day moving average of GBX 4,672.45. The company has a debt-to-equity ratio of 152.20, a quick ratio of 1.19 and a current ratio of 1.08.

Intertek Group (LON:ITRK) last posted its earnings results 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 EPS for the current year.

Insiders Place Their Bets

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