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

Intertek Group plc (LON:ITRK - Get Free Report) insider Steven L. Mogford acquired 121 shares of Intertek Group stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of GBX 4,892 ($63.54) per share, for a total transaction of £5,919.32 ($7,688.43).

Intertek Group Stock Performance

Intertek Group stock traded down GBX 48 ($0.62) during midday trading on Tuesday, hitting GBX 4,850 ($63.00). 45,418,063 shares of the company's stock were exchanged, compared to its average volume of 2,972,765. Intertek Group plc has a 12-month low of GBX 4,394 ($57.07) and a 12-month high of GBX 5,575 ($72.41). The company has a debt-to-equity ratio of 103.83, a quick ratio of 1.19 and a current ratio of 1.27. The stock has a market cap of £7.79 billion, a price-to-earnings ratio of 25.28, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The firm's 50 day simple moving average is GBX 5,071.93 and its 200 day simple moving average is GBX 4,908.73.

Intertek Group (LON:ITRK - Get Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 242.60 ($3.15) earnings per share (EPS) for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. Equities research analysts predict that Intertek Group plc will post 263.7305699 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on ITRK shares. JPMorgan Chase & Co. lifted their price target on shares of Intertek Group from GBX 5,400 ($70.14) to GBX 5,500 ($71.44) and gave the stock an "overweight" rating in a research note on Thursday, December 5th. Shore Capital reiterated a "sell" rating on shares of Intertek Group in a research note on Tuesday, March 11th. Finally, Berenberg Bank lifted their price target on shares of Intertek Group from GBX 5,800 ($75.33) to GBX 6,000 ($77.93) and gave the stock a "buy" rating in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Intertek Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 5,675 ($73.71).

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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.