Intertek Group plc (LON:ITRK) Insider Andre Lacroix Sells 39,498 Shares of Stock

Intertek Group plc (LON:ITRK) insider Andre Lacroix sold 39,498 shares of Intertek Group stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of GBX 4,994 ($64.69), for a total value of £1,972,530.12 ($2,555,090.83).

Intertek Group Trading Down 2.3 %

Shares of ITRK stock opened at GBX 4,880 ($63.21) on Friday. Intertek Group plc has a 1-year low of GBX 4,394 ($56.92) and a 1-year high of GBX 5,575 ($72.22). The company has a market cap of £7.83 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.99 and a beta of 0.63. The company has a debt-to-equity ratio of 103.83, a current ratio of 1.27 and a quick ratio of 1.19. The stock has a 50 day simple moving average of GBX 5,063.12 and a 200-day simple moving average of GBX 4,906.83.

Intertek Group (LON:ITRK) last posted its quarterly earnings data on Tuesday, March 4th. The company reported GBX 242.60 ($3.14) earnings per share for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. On average, equities research analysts expect that Intertek Group plc will post 263.7305699 EPS for the current fiscal year.

Analyst Ratings Changes

ITRK has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Intertek Group from GBX 5,400 ($69.95) to GBX 5,500 ($71.24) and gave the stock an “overweight” rating in a research note on Thursday, December 5th. Berenberg Bank raised their price target on shares of Intertek Group from GBX 5,800 ($75.13) to GBX 6,000 ($77.72) and gave the company a “buy” rating in a research report on Wednesday, March 5th. Finally, Shore Capital reaffirmed a “sell” rating on shares of Intertek Group in a report on Tuesday. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 5,675 ($73.51).

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.