Intertek Group plc (OTCMKTS:IKTSY) Given Average Recommendation of “Hold” by Analysts

Shares of Intertek Group plc (OTCMKTS:IKTSY) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and eight have given a buy recommendation to the company.

A number of research firms have issued reports on IKTSY. Societe Generale restated a “hold” rating on shares of Intertek Group in a report on Monday, August 2nd. HSBC upgraded Intertek Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 28th. Barclays reiterated an “underweight” rating on shares of Intertek Group in a report on Monday, August 2nd. Zacks Investment Research cut Intertek Group from a “hold” rating to a “sell” rating in a report on Thursday, August 5th. Finally, Cheuvreux upgraded Intertek Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 21st.

IKTSY stock traded down $2.11 during mid-day trading on Thursday, hitting $71.49. 2,457 shares of the company were exchanged, compared to its average volume of 6,712. The firm has a market cap of $11.54 billion, a P/E ratio of 32.64 and a beta of 0.62. Intertek Group has a 1-year low of $70.88 and a 1-year high of $87.50. The firm’s 50 day simple moving average is $74.00 and its 200 day simple moving average is $78.37. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.13 and a current ratio of 1.15.

The business also recently declared a dividend, which will be paid on Friday, October 22nd. Investors of record on Friday, September 17th will be given a $1.4645 dividend. This is a positive change from Intertek Group’s previous dividend of $1.45. This represents a yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 16th. Intertek Group’s dividend payout ratio is presently 86.30%.

About Intertek Group

Intertek Group Plc engages in the provision of assurance,a testing, inspection and certification services to industries worldwide. It offers services from auditing and inspection, training, advisory, quality assurance and certification. It operates through following segments: Products, Trade, and Resources.

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Analyst Recommendations for Intertek Group (OTCMKTS:IKTSY)

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