Intertek Group (LON:ITRK) Given Hold Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Intertek Group (LON:ITRK) in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 5,030 price objective on the stock.

ITRK has been the subject of a number of other reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 4,800 price objective on shares of Intertek Group in a research note on Wednesday. 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, March 5th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 5,124.50.

Intertek Group Price Performance

Shares of LON:ITRK opened at GBX 4,753.95 on Thursday. Intertek Group has a fifty-two week low of GBX 3,519.42 and a fifty-two week high of GBX 5,150. The business has a 50-day simple moving average of GBX 4,066.62 and a two-hundred day simple moving average of GBX 4,497.57. The company has a debt-to-equity ratio of 152.20, a quick ratio of 1.19 and a current ratio of 1.08. The firm has a market cap of £7.30 billion, a price-to-earnings ratio of 22.01, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81.

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

Insider Activity at Intertek Group

In related news, insider Andrew Martin purchased 485 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of GBX 3,794 per share, for a total transaction of £18,400.90. Also, insider Jeremy (Jez) Maiden purchased 138 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of GBX 3,794 per share, for a total transaction of £5,235.72. Insiders have bought a total of 4,479 shares of company stock worth $17,624,681 in the last ninety days. Corporate insiders own 1.18% of the company’s stock.

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.