Intertek Group (LON:ITRK) Given “Sector Perform” Rating at Royal Bank Of Canada

Intertek Group (LON:ITRK)‘s stock had its “sector perform” rating reissued by investment analysts at Royal Bank Of Canada in a report issued on Thursday,London Stock Exchange reports. They presently have a GBX 5,850 target price on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 0.25% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 5,030 price target on shares of Intertek Group in a research note on Thursday, April 16th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,000 price objective on shares of Intertek Group in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Intertek Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,649.25.

Intertek Group Stock Down 0.1%

LON:ITRK opened at GBX 5,835.15 on Thursday. The stock’s fifty day moving average price is GBX 5,720.14 and its two-hundred day moving average price is GBX 4,904.78. Intertek Group has a 52-week low of GBX 3,519.42 and a 52-week high of GBX 5,855. The company has a debt-to-equity ratio of 179.40, a quick ratio of 1.19 and a current ratio of 1.10. The company has a market cap of £8.96 billion, a price-to-earnings ratio of 27.01, a P/E/G ratio of 1.99 and a beta of 0.97.

Intertek Group (LON:ITRK) last announced its quarterly earnings data on Friday, July 31st. The company reported GBX 126.60 EPS for the quarter. Intertek Group had a return on equity of 29.86% and a net margin of 9.07%. On average, analysts anticipate that Intertek Group will post 263.7305699 EPS for the current year.

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.