Intertek Group plc (OTCMKTS:IKTSY) Given Consensus Rating of “Hold” by Brokerages

Shares of Intertek Group plc (OTCMKTS:IKTSY) have been assigned a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating on the company.

Several analysts have issued reports on IKTSY shares. Societe Generale reaffirmed a “hold” rating on shares of Intertek Group in a research report on Monday, August 2nd. HSBC raised shares of Intertek Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 28th. Barclays reaffirmed an “underweight” rating on shares of Intertek Group in a research report on Monday, August 2nd. Zacks Investment Research raised shares of Intertek Group from a “sell” rating to a “hold” rating in a research report on Wednesday, September 29th. Finally, Cheuvreux raised shares of Intertek Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 21st.

Shares of OTCMKTS IKTSY traded down $0.42 during trading hours on Monday, hitting $67.53. The company’s stock had a trading volume of 1,695 shares, compared to its average volume of 6,309. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.13 and a current ratio of 1.15. Intertek Group has a 12 month low of $63.71 and a 12 month high of $87.50. The business has a 50-day simple moving average of $71.43 and a 200-day simple moving average of $77.38. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 30.84 and a beta of 0.62.

The business also recently declared a dividend, which will be paid on Friday, October 22nd. Stockholders of record on Friday, September 17th will be given a dividend of $1.4645 per share. The ex-dividend date of this dividend is Thursday, September 16th. This represents a dividend yield of 1.95%. This is an increase from Intertek Group’s previous dividend of $1.45. Intertek Group’s dividend payout ratio (DPR) is presently 38.36%.

Intertek Group Company Profile

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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