Intertek Group plc (LON:ITRK) Insider Steven L. Mogford Buys 121 Shares

Intertek Group plc (LON:ITRK) insider Steven L. Mogford purchased 121 shares of Intertek Group stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of GBX 4,892 ($63.28) per share, with a total value of £5,919.32 ($7,656.60).

Intertek Group Trading Up 0.1 %

LON ITRK opened at GBX 4,886 ($63.20) on Friday. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83. The firm has a market cap of £7.84 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The company has a 50 day moving average price of GBX 5,068.03 and a 200 day moving average price of GBX 4,907.64. Intertek Group plc has a 52 week low of GBX 4,394 ($56.84) and a 52 week high of GBX 5,575 ($72.11).

Intertek Group (LON:ITRK) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 242.60 ($3.14) earnings per share (EPS) for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. As a group, sell-side analysts forecast that Intertek Group plc will post 263.7305699 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on ITRK shares. Berenberg Bank boosted their price target on shares of Intertek Group from GBX 5,800 ($75.02) to GBX 6,000 ($77.61) and gave the company a “buy” rating in a report on Wednesday, March 5th. Shore Capital reiterated a “sell” rating on shares of Intertek Group in a research note on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Intertek Group from GBX 5,400 ($69.85) to GBX 5,500 ($71.14) and gave the stock an “overweight” rating in a research note on Thursday, December 5th. 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, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 5,675 ($73.41).

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.