Royal Bank of Canada cut shares of Intertek Group (OTCMKTS:IKTSY - Free Report) from an outperform rating to a sector perform rating in a report issued on Monday morning, MarketBeat.com reports.
Separately, The Goldman Sachs Group upgraded Intertek Group to a "strong-buy" rating in a report on Friday, October 11th.
Read Our Latest Report on IKTSY
Intertek Group Stock Down 4.6 %
OTCMKTS:IKTSY traded down $3.07 on Monday, hitting $63.97. The stock had a trading volume of 460 shares, compared to its average volume of 7,236. The business's fifty day moving average is $65.42 and its 200 day moving average is $62.93. Intertek Group has a 52 week low of $45.60 and a 52 week high of $69.79.
Intertek Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, October 23rd. Investors of record on Friday, September 13th will be given a dividend of $0.6554 per share. The ex-dividend date is Friday, September 13th.
About Intertek Group
(
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Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.
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