Intertek Group (LON:ITRK) Given New GBX 4,800 Price Target at Jefferies Financial Group

Intertek Group (LON:ITRK) had its price objective reduced by Jefferies Financial Group from GBX 5,800 to GBX 4,800 in a research note released on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Citigroup boosted their price objective on Intertek Group from GBX 5,791 to GBX 5,833 and gave the company a “buy” rating in a report on Thursday, November 27th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,169.50.

Intertek Group Trading Up 0.6%

LON ITRK opened at GBX 4,068 on Thursday. The company has a market capitalization of £6.25 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. The company has a debt-to-equity ratio of 152.20, a current ratio of 1.08 and a quick ratio of 1.19. Intertek Group has a 12 month low of GBX 3,882 and a 12 month high of GBX 5,335. The company’s fifty day moving average price is GBX 4,517.04 and its two-hundred day moving average price is GBX 4,676.78.

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

Insider Buying and Selling at Intertek Group

In other Intertek Group news, insider Robin Freestone acquired 2,455 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average price of GBX 4,051 per share, with a total value of £99,452.05. 1.18% of the stock is currently owned by corporate 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.