Intertek Group plc (LON:ITRK) Insider Steven L. Mogford Purchases 121 Shares of Stock

Intertek Group plc (LON:ITRK) insider Steven L. Mogford bought 121 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of GBX 4,892 ($63.37) per share, for a total transaction of £5,919.32 ($7,667.51).

Intertek Group Trading Up 0.1 %

LON:ITRK traded up GBX 6 ($0.08) during mid-day trading on Friday, reaching GBX 4,886 ($63.29). The company’s stock had a trading volume of 303,008 shares, compared to its average volume of 2,208,096. 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 market cap of £7.84 billion, a P/E ratio of 25.47, a P/E/G ratio of 1.99 and a beta of 0.63. The company’s fifty day simple moving average is GBX 5,063.12 and its two-hundred day simple moving average is GBX 4,906.83. Intertek Group plc has a twelve month low of GBX 4,394 ($56.92) and a twelve month high of GBX 5,575 ($72.22).

Intertek Group (LON:ITRK) last announced 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 analysts predict that Intertek Group plc will post 263.7305699 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on ITRK. Berenberg Bank increased 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. Shore Capital restated a “sell” rating on shares of Intertek Group in a report on Tuesday. Finally, JPMorgan Chase & Co. lifted their price target 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 report on Thursday, December 5th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.