Shares of Intertek Group plc (LON:ITRK) reached a new 52-week high on Wednesday . The stock traded as high as GBX 5,160 ($68.44) and last traded at GBX 5,120 ($67.91), with a volume of 517,724 shares. The stock had previously closed at GBX 5,075 ($67.32).

ITRK has been the subject of a number of research analyst reports. Berenberg Bank lifted their target price on shares of Intertek Group plc from GBX 4,450 ($59.03) to GBX 4,600 ($61.02) and gave the company a “hold” rating in a research note on Monday, August 21st. Shore Capital restated a “sell” rating on shares of Intertek Group plc in a research report on Tuesday, August 1st. Jefferies Group LLC raised their price target on Intertek Group plc from GBX 4,900 ($65.00) to GBX 5,300 ($70.30) and gave the company a “buy” rating in a report on Wednesday, August 2nd. Deutsche Bank AG downgraded Intertek Group plc to a “hold” rating and lifted their price objective for the company from GBX 4,150 ($55.05) to GBX 4,200 ($55.71) in a research report on Thursday, June 29th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 4,350 ($57.70) price objective on shares of Intertek Group plc in a research report on Wednesday, August 2nd. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. Intertek Group plc currently has an average rating of “Hold” and an average target price of GBX 4,042.44 ($53.62).

The stock’s market cap is GBX 8.24 billion. The stock’s 50-day moving average is GBX 4,954.11 and its 200-day moving average is GBX 4,416.65.

The company also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 28th will be issued a dividend of GBX 23.50 ($0.31) per share. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 28th.

In related news, insider Jean-Michel Valette acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The stock was acquired at an average cost of GBX 4,650 ($61.68) per share, for a total transaction of £465,000 ($616,792.68). Also, insider David E. Reid acquired 2,135 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average price of GBX 4,650 ($61.68) per share, with a total value of £99,277.50 ($131,685.24).

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Intertek Group plc Company Profile

Intertek Group PLC is a United Kingdom-based company, which offers quality assurance services. The Company’s segments include Products, Trade and Resources. The Products-related division consists of business lines that are focused on ensuring the quality and safety of physical components and products, as well minimizing risk through assessing the operating process and quality management systems of its customers.

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