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Intertek Moves to Appoint Deloitte as New Auditor After Tender Process

Story Highlights
  • Intertek plans to appoint Deloitte as its new independent auditor for 2026 after a formal tender, pending shareholder approval at the May annual meeting.
  • PwC has resigned as Intertek’s auditor, stating no issues behind its departure, indicating a routine audit rotation aimed at sustaining governance and investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intertek Moves to Appoint Deloitte as New Auditor After Tender Process

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An update from Intertek ( (GB:ITRK) ) is now available.

Intertek Group plc has confirmed a planned change of auditor, proposing Deloitte LLP as its independent auditor for the financial year ending 31 December 2026, subject to shareholder approval at the Annual General Meeting on 20 May 2026. The move follows a formal tender process and is part of the company’s ongoing governance and oversight of its financial reporting.

PriceWaterhouseCoopers LLP has resigned as auditor with effect from 23 April 2026 and has stated there are no reasons for ceasing to hold office or matters requiring the attention of shareholders or creditors. The orderly transition, with PwC’s neutral resignation statement and Intertek’s public thanks, signals a routine rotation that maintains confidence in the company’s audit integrity and regulatory compliance.

The most recent analyst rating on (GB:ITRK) stock is a Buy with a £56.30 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Spark’s Take on ITRK Stock

According to Spark, TipRanks’ AI Analyst, ITRK is a Neutral.

The score reflects strong underlying business quality (steady growth, solid margins, and positive free cash flow) and supportive valuation (low P/E and ~4% yield). These positives are tempered by clear technical weakness (trading well below key moving averages with negative MACD) and rising balance-sheet/cash-flow risk signals in 2025, despite constructive 2026 guidance.

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

More about Intertek

Intertek Group plc is a global provider of Total Quality Assurance services, supporting industries worldwide through a network of more than 1,000 laboratories and offices across over 100 countries. The company offers Assurance, Testing, Inspection and Certification solutions focused on enhancing the safety, quality and reliability of customers’ operations and supply chains.

Average Trading Volume: 726,805

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.44B

For detailed information about ITRK stock, go to TipRanks’ Stock Analysis page.

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