Intertek Group plc Announces Dividend of GBX 34.20 (LON:ITRK)

Intertek Group plc (LON:ITRK) announced a dividend on Friday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 16th will be given a dividend of GBX 34.20 ($0.45) per share on Thursday, October 7th. This represents a dividend yield of 0.66%. The ex-dividend date of this dividend is Thursday, September 16th. The official announcement can be accessed at this link.

Shares of ITRK opened at GBX 5,386 ($70.37) on Wednesday. The company has a debt-to-equity ratio of 91.83, a current ratio of 1.07 and a quick ratio of 1.05. Intertek Group has a one year low of GBX 5,024 ($65.64) and a one year high of GBX 6,492 ($84.82). The company has a 50-day simple moving average of GBX 5,374.72 and a two-hundred day simple moving average of GBX 9,400.56. The firm has a market capitalization of £8.69 billion and a PE ratio of 33.02.

Several analysts have commented on the stock. Shore Capital restated a “house stock” rating on shares of Intertek Group in a report on Friday, July 30th. Credit Suisse Group lowered their target price on shares of Intertek Group from GBX 5,900 ($77.08) to GBX 5,550 ($72.51) and set a “neutral” rating for the company in a report on Tuesday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 5,800 ($75.78) target price on shares of Intertek Group in a report on Thursday, May 27th. Barclays lowered their target price on shares of Intertek Group from GBX 5,550 ($72.51) to GBX 5,475 ($71.53) and set an “underweight” rating for the company in a report on Monday, August 2nd. Finally, Royal Bank of Canada reiterated an “underperform” rating and set a GBX 4,600 ($60.10) target price on shares of Intertek Group in a report on Saturday, July 31st. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat, Intertek Group currently has an average rating of “Hold” and an average price target of GBX 5,395 ($70.49).

Intertek Group Company Profile

Intertek Group plc provides quality assurance 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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Dividend History for Intertek Group (LON:ITRK)

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