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 the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of GBX 4,892 ($63.28) per share, with a total value of £5,919.32 ($7,656.60).

Intertek Group Stock Up 0.1 %

LON:ITRK opened at GBX 4,886 ($63.20) on Friday. The firm has a market capitalization of £7.84 billion, a P/E ratio of 25.47, a PEG ratio of 1.99 and a beta of 0.63. Intertek Group plc has a 1-year low of GBX 4,394 ($56.84) and a 1-year high of GBX 5,575 ($72.11). The company’s fifty day moving average price is GBX 5,068.03 and its 200-day moving average price is GBX 4,907.64. The company has a debt-to-equity ratio of 103.83, a current ratio of 1.27 and a quick ratio of 1.19.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ITRK. Berenberg Bank increased their price objective on shares of Intertek Group from GBX 5,800 ($75.02) to GBX 6,000 ($77.61) and gave the stock a “buy” rating in a research note 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. increased 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 analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to data from MarketBeat, Intertek Group presently 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.