Intertek CFO Granted Share Rights Under Long Term Incentive Plan

Intertek ( (GB:ITRK) ) has provided an announcement.

Intertek Group PLC announced that its Chief Financial Officer, Colm Deasy, has been granted rights to acquire 10,721 ordinary shares under the company’s 2021 Long Term Incentive Plan. These shares are set to vest in three years, contingent on performance targets and continued employment, reflecting the company’s commitment to aligning executive incentives with long-term performance goals.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Spark’s Take on GB:ITRK Stock

According to Spark, TipRanks’ AI Analyst, GB:ITRK is a Outperform.

Intertek scores highly due to its strong financial performance and positive earnings call, which highlight growth and effective shareholder value strategies. Technical analysis and valuation are neutral, reflecting a balanced market position. The company’s strategic initiatives, like the share buyback and expansion efforts, reinforce its robust outlook.

To see Spark’s full report on GB:ITRK stock, click here.

More about Intertek

Intertek Group PLC operates in the quality assurance industry, providing services such as testing, inspection, and certification to various sectors including consumer goods, healthcare, and industrial markets. The company focuses on ensuring product quality and safety, helping businesses meet regulatory standards and improve performance.

Average Trading Volume: 647,601

Technical Sentiment Signal: Buy

Current Market Cap: £7.54B

See more data about ITRK stock on TipRanks’ Stock Analysis page.