INTERTEK GRP PL/ADR Plans Semi-Annual Dividend of $0.41 (OTCMKTS:IKTSY)

INTERTEK GRP PL/ADR (OTCMKTS:IKTSY) declared a Semi-Annual dividend on Friday, September 4th, Zacks reports. Investors of record on Friday, September 18th will be paid a dividend of 0.406 per share by the business services provider on Thursday, October 22nd. The ex-dividend date of this dividend is Thursday, September 17th.

Shares of INTERTEK GRP PL/ADR stock opened at $80.00 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.81. INTERTEK GRP PL/ADR has a twelve month low of $46.63 and a twelve month high of $80.24. The business has a 50-day moving average price of $75.80 and a 200 day moving average price of $66.59. The firm has a market cap of $12.91 billion, a PE ratio of 29.52 and a beta of 0.81.

Several equities analysts recently weighed in on the company. Zacks Investment Research upgraded INTERTEK GRP PL/ADR from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Wednesday, July 29th. Morgan Stanley restated an “equal weight” rating on shares of INTERTEK GRP PL/ADR in a research note on Monday, August 3rd. Finally, Credit Suisse Group upgraded INTERTEK GRP PL/ADR from a “neutral” rating to an “outperform” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $77.00.

INTERTEK GRP PL/ADR Company Profile

Intertek Group plc provides quality and safety 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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