A number of research firms have changed their ratings and price targets for Intertek Group plc (LON: ITRK):

  • 8/8/2017 – Intertek Group plc had its “sell” rating reaffirmed by analysts at Shore Capital.
  • 8/2/2017 – Intertek Group plc had its price target raised by analysts at Jefferies Group LLC from GBX 4,900 ($63.81) to GBX 5,300 ($69.02). They now have a “buy” rating on the stock.
  • 8/2/2017 – Intertek Group plc had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 4,350 ($56.65) price target on the stock.
  • 8/1/2017 – Intertek Group plc had its “sell” rating reaffirmed by analysts at Shore Capital.
  • 7/12/2017 – Intertek Group plc had its “neutral” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 4,000 ($52.09) price target on the stock.
  • 7/12/2017 – Intertek Group plc had its price target raised by analysts at Morgan Stanley from GBX 3,820 ($49.75) to GBX 3,850 ($50.14). They now have an “equal weight” rating on the stock.
  • 7/3/2017 – Intertek Group plc was downgraded by analysts at Berenberg Bank to a “hold” rating. They now have a GBX 4,450 ($57.95) price target on the stock, up previously from GBX 4,000 ($52.09).
  • 7/3/2017 – Intertek Group plc was downgraded by analysts at Goldman Sachs Group, Inc. (The) to a “neutral” rating. They now have a GBX 4,580 ($59.64) price target on the stock, up previously from GBX 4,510 ($58.73).
  • 6/29/2017 – Intertek Group plc was downgraded by analysts at Deutsche Bank AG to a “hold” rating. They now have a GBX 4,200 ($54.69) price target on the stock, up previously from GBX 4,150 ($54.04).
  • 6/15/2017 – Intertek Group plc had its “buy” rating reaffirmed by analysts at Kepler Capital Markets. They now have a GBX 4,600 ($59.90) price target on the stock.

Intertek Group plc (LON:ITRK) opened at 4664.00 on Friday. The firm’s market capitalization is GBX 7.50 billion. The company has a 50 day moving average price of GBX 4,367.35 and a 200 day moving average price of GBX 4,037.45. Intertek Group plc has a 12 month low of GBX 3,037.39 and a 12 month high of GBX 4,764.00.

The business also recently announced a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 28th will be given a dividend of GBX 23.50 ($0.31) per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a dividend yield of 0.5%.

In related news, insider David E. Reid bought 2,135 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were bought at an average price of GBX 4,650 ($60.55) per share, with a total value of £99,277.50 ($129,284.41). Also, insider Andre Lacroix bought 5,693 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The shares were bought at an average cost of GBX 4,295 ($55.93) per share, for a total transaction of £244,514.35 ($318,419.52). Following the transaction, the insider now owns 299,788 shares of the company’s stock, valued at £12,875,894.60 ($16,767,671.05).

Intertek Group PLC is a United Kingdom-based company, which offers quality assurance services. The Company’s segments include Products, Trade and Resources. The Products-related division consists of business lines that are focused on ensuring the quality and safety of physical components and products, as well minimizing risk through assessing the operating process and quality management systems of its customers.

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