Andre Lacroix Sells 39,498 Shares of Intertek Group plc (LON:ITRK) Stock

Intertek Group plc (LON:ITRK) insider Andre Lacroix sold 39,498 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of GBX 4,994 ($64.60), for a total transaction of £1,972,530.12 ($2,551,455.34).

Intertek Group Price Performance

Shares of LON ITRK opened at GBX 4,886 ($63.20) on Friday. Intertek Group plc has a twelve month low of GBX 4,394 ($56.84) and a twelve month high of GBX 5,575 ($72.11). The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 103.83. The stock has a 50 day moving average of GBX 5,068.03 and a two-hundred day moving average of GBX 4,908.81. The stock has a market cap of £7.84 billion, a P/E ratio of 25.47, a P/E/G ratio of 1.99 and a beta of 0.63.

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

Wall Street Analyst Weigh In

ITRK has been the topic of a number of recent analyst reports. Shore Capital reiterated a “sell” rating on shares of Intertek Group in a research report on Tuesday, March 11th. Berenberg Bank boosted their price objective on shares of Intertek Group from GBX 5,800 ($75.02) to GBX 6,000 ($77.61) and gave the company a “buy” rating in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. boosted their price target 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.com, Intertek Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,675 ($73.41).

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.