Jeremy (Jez) Maiden Purchases 114 Shares of Intertek Group plc (LON:ITRK) Stock

Intertek Group plc (LON:ITRKGet Free Report) insider Jeremy (Jez) Maiden bought 114 shares of the stock in a transaction dated Wednesday, March 13th. The shares were purchased at an average cost of GBX 5,032 ($64.47) per share, for a total transaction of £5,736.48 ($7,349.75).

Intertek Group Stock Performance

Shares of ITRK opened at GBX 4,846 ($62.09) on Friday. The stock’s 50-day simple moving average is GBX 4,526.35 and its 200 day simple moving average is GBX 4,222.43. The stock has a market capitalization of £7.82 billion, a price-to-earnings ratio of 2,648.09, a price-to-earnings-growth ratio of 2.16 and a beta of 0.64. The company has a debt-to-equity ratio of 89.53, a quick ratio of 1.19 and a current ratio of 1.09. Intertek Group plc has a 52-week low of GBX 3,746 ($47.99) and a 52-week high of GBX 5,068 ($64.93).

Intertek Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, May 30th will be issued a dividend of GBX 74 ($0.95) per share. This is a boost from Intertek Group’s previous dividend of $37.70. The ex-dividend date of this dividend is Thursday, May 30th. This represents a yield of 1.6%. Intertek Group’s dividend payout ratio is 6,120.22%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ITRK. Shore Capital reaffirmed a “hold” rating on shares of Intertek Group in a research report on Thursday, December 21st. Berenberg Bank reiterated a “buy” rating and issued a GBX 4,900 ($62.78) target price on shares of Intertek Group in a research note on Thursday, November 23rd. Finally, BNP Paribas raised shares of Intertek Group to an “outperform” rating and set a GBX 5,000 ($64.06) price target on the stock in a report on Wednesday, December 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Intertek Group presently has a consensus rating of “Hold” and an average price target of GBX 4,651 ($59.59).

Read Our Latest Stock Report on Intertek Group

Intertek Group Company Profile

(Get Free Report)

Intertek Group plc provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.

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