Intertek Group plc (LON:ITRK) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 34.20 ($0.45) per share on Friday, October 11th. This represents a dividend yield of 0.57%. The ex-dividend date is Thursday, September 26th. The official announcement can be seen at this link.
Shares of ITRK opened at GBX 5,382.60 ($70.33) on Tuesday. The firm has a market cap of $8.78 billion and a PE ratio of 30.05. The company’s fifty day moving average is GBX 5,492.03 and its two-hundred day moving average is GBX 5,313.11. Intertek Group has a fifty-two week low of GBX 56.22 ($0.73) and a fifty-two week high of GBX 5,982 ($78.17). The company has a quick ratio of 1.32, a current ratio of 1.35 and a debt-to-equity ratio of 141.86.
A number of equities analysts have weighed in on ITRK shares. UBS Group lifted their price target on shares of Intertek Group from GBX 5,000 ($65.33) to GBX 5,300 ($69.25) and gave the company a “neutral” rating in a report on Friday, August 16th. Deutsche Bank reiterated a “buy” rating on shares of Intertek Group in a report on Monday, September 16th. Morgan Stanley lowered shares of Intertek Group to an “underweight” rating and lifted their price target for the company from GBX 4,700 ($61.41) to GBX 5,250 ($68.60) in a report on Tuesday, August 6th. Finally, Shore Capital reiterated a “hold” rating on shares of Intertek Group in a report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Intertek Group has an average rating of “Hold” and an average target price of GBX 5,243.33 ($68.51).
Intertek Group plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspection, and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification.
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