Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Intertek ( (GB:ITRK) ) is now available.
Intertek Group PLC has completed its Share Buyback Programme, purchasing 29,269 ordinary shares at an average price of 4,631.8128 pence per share. This marks the conclusion of their £350 million buyback initiative, which aimed to enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:ITRK) stock is a Buy with a £58.33 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’s strong financial performance is the most significant factor contributing to its overall score, supported by consistent revenue growth and robust cash flow management. The technical analysis presents mixed signals, with positive trends tempered by potential bearish momentum. The valuation is reasonable, offering a balance between growth and income potential.
To see Spark’s full report on GB:ITRK stock, click here.
More about Intertek
Intertek Group PLC operates in the testing, inspection, and certification industry, providing quality assurance services to various sectors worldwide. The company focuses on ensuring the safety and quality of products and services across multiple markets.
Average Trading Volume: 416,484
Technical Sentiment Signal: Hold
Current Market Cap: £7.1B
Find detailed analytics on ITRK stock on TipRanks’ Stock Analysis page.