Insider Buying: Intertek Group (LON:ITRK) Insider Buys £99,452.05 in Stock

Intertek Group plc (LON:ITRK) insider Robin Freestone acquired 2,455 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average price of GBX 4,051 per share, for a total transaction of £99,452.05.

Intertek Group Trading Up 0.0%

Shares of Intertek Group stock opened at GBX 4,045.15 on Friday. Intertek Group plc has a fifty-two week low of GBX 3,882 and a fifty-two week high of GBX 5,335. The company has a debt-to-equity ratio of 152.20, a quick ratio of 1.19 and a current ratio of 1.08. The company has a market capitalization of £6.21 billion, a P/E ratio of 18.10, a P/E/G ratio of 1.99 and a beta of 0.66. The company has a fifty day moving average of GBX 4,504.78 and a 200 day moving average of GBX 4,672.45.

Intertek Group (LON:ITRK) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 255.90 EPS for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. On average, sell-side analysts anticipate that Intertek Group plc will post 263.7305699 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Jefferies Financial Group lowered their price target on Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating on the stock in a report on Thursday. Citigroup reduced their price objective on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating on the stock in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 5,169.50.

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. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.