Intertek Group’s (ITRK) Hold Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Intertek Group (LON:ITRK) in a research report report published on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 5,030 price target on the stock.

Other equities analysts also recently issued research reports about the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 4,800 target price on shares of Intertek Group in a research report on Wednesday. Citigroup decreased their target price 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, March 5th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 5,124.50.

Intertek Group Stock Up 4.5%

Shares of Intertek Group stock opened at GBX 4,969 on Thursday. The stock has a market cap of £7.63 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 1.99 and a beta of 0.81. The firm’s 50-day moving average is GBX 4,076.24 and its two-hundred day moving average is GBX 4,497.93. 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 1 year low of GBX 3,519.42 and a 1 year high of GBX 5,150.

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

Insider Activity at Intertek Group

In other Intertek Group news, insider Tamara Ingram bought 151 shares of the business’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of GBX 3,794 per share, with a total value of £5,728.94. Also, insider Andrew Martin bought 485 shares of the business’s stock in a transaction on Friday, March 13th. The shares were acquired at an average cost of GBX 3,794 per share, with a total value of £18,400.90. Insiders have acquired 4,479 shares of company stock valued at $17,624,681 over the last 90 days. Corporate insiders own 1.18% of the company’s stock.

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.