Intertek Group (LON:ITRK) Insider Robin Freestone Purchases 2,455 Shares

Intertek Group plc (LON:ITRK) insider Robin Freestone acquired 2,455 shares of Intertek Group stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of GBX 4,051 per share, with a total value of £99,452.05.

Intertek Group Trading Up 0.2%

Shares of ITRK opened at GBX 4,044 on Friday. Intertek Group plc has a 52-week low of GBX 3,882 and a 52-week high of GBX 5,335. The company has a quick ratio of 1.19, a current ratio of 1.08 and a debt-to-equity ratio of 152.20. The firm’s fifty day moving average is GBX 4,517.04 and its two-hundred day moving average is GBX 4,676.78. The stock has a market cap of £6.21 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66.

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Jefferies Financial Group lowered their target price on Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating on the stock in a report on Thursday. Citigroup reduced their price objective on Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 5,169.50.

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.