Intertek Group (LON:ITRK) Hits New 1-Year High – Still a Buy?

Shares of Intertek Group plc (LON:ITRKGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 5,550 ($71.54) and last traded at GBX 5,535 ($71.35), with a volume of 2269687 shares traded. The stock had previously closed at GBX 5,155 ($66.45).

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Shore Capital upgraded shares of Intertek Group to a “hold” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. boosted their target price on shares of Intertek Group from GBX 5,400 ($69.61) to GBX 5,500 ($70.89) and gave the stock an “overweight” rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,550 ($71.54).

Get Our Latest Stock Analysis on ITRK

Intertek Group Trading Up 0.1 %

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 company has a market cap of £8.44 billion, a price-to-earnings ratio of 27.39, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The firm has a 50-day moving average price of GBX 5,017.70 and a 200 day moving average price of GBX 4,890.34.

Intertek Group (LON:ITRKGet Free Report) last released its quarterly earnings data on Tuesday, March 4th. The company reported GBX 242.60 ($3.13) EPS for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. As a group, sell-side analysts forecast that Intertek Group plc will post 263.7305699 EPS for the current year.

About Intertek Group

(Get Free Report)

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.

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