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Pin to quick picksIntertek Group Share News (ITRK)

Share Price Information for Intertek Group (ITRK)

London Stock Exchange
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Share Price: 4,990.00
Bid: 4,990.00
Ask: 4,992.00
Change: 36.00 (0.73%)
Spread: 2.00 (0.04%)
Open: 5,145.00
High: 5,145.00
Low: 4,966.00
Prev. Close: 4,954.00
ITRK Live PriceLast checked at -

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FTSE 100 movers: Fresnillo leads miners lower

Tue, 06th Aug 2013 15:10

Mining stocks were dominating the fallers list on the FTSE 100 on Tuesday with precious metals group Fresnillo leading the way lower following some disappointing first-half results.Fresnillo's share price was down nearly 9.5% in afternoon trade after a 27% decline in gross profit to $518.9m in the first half as revenues dropped on falling gold and silver prices.Sector peers Randgold, Vedanta, Antofagasta, Glencore Xstrata, Anglo American and Rio Tinto were also registering falls today.Leading the upside was hotels group InterContinental which impressed with a $350m special dividend as it reported that revenue per available room rose 3.7% in the first half.Emerging markets-focused bank Standard Chartered also rose strongly after posting a 4.0% rise in adjusted first-half profits to $4.09bn and lifting its interim dividend by 6.0%.Quality control and testing firm Intertek wasn't far behind after RBC Capital Markets upgraded its recommendation to 'sector performer' and hiked its target price from 2,850p to 3,050p.Financial services organisation Legal & General was also higher after its first-half results saw double-digit growth in sales, cash generation and profits.Broker downgrades were dampening the share prices of a number of heavyweight stocks: consumer products group Unilever was lower after JPMorgan Cazenove downgraded the stock to 'neutral'; GlaxoSmithKline was down after Citigroup reduced its rating to 'neutral'; meanwhile banking group HSBC was extending losses made yesterday after disappointing with its interim report as Deutsche Bank lowering its rating to 'hold'.FTSE 100 - RisersInterContinental Hotels Group (IHG) 2,005.00p +5.08%Standard Chartered (STAN) 1,571.50p +3.12%Intertek Group (ITRK) 3,173.00p +2.85%Wolseley (WOS) 3,328.00p +2.81%Legal & General Group (LGEN) 202.50p +2.58%TUI Travel (TT.) 398.80p +1.73%Aberdeen Asset Management (ADN) 385.30p +1.45%Standard Life (SL.) 394.90p +1.26%Diageo (DGE) 2,128.50p +1.09%Tesco (TSCO) 372.00p +1.05%FTSE 100 - FallersFresnillo (FRES) 939.00p -9.45%Randgold Resources Ltd. (RRS) 4,423.00p -5.65%Vedanta Resources (VED) 1,172.00p -5.48%Antofagasta (ANTO) 856.00p -4.20%Glencore Xstrata (GLEN) 278.45p -3.85%Anglo American (AAL) 1,421.50p -3.66%Rio Tinto (RIO) 2,990.00p -1.82%Rexam (REX) 506.50p -1.65%Admiral Group (ADM) 1,308.00p -1.65%Eurasian Natural Resources Corp. (ENRC) 221.30p -1.60%BC
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3 May 2023 09:34

IN BRIEF: Intertek trading in line with guidance, updates growth plans

Intertek Group PLC - London-based quality assurance service provider - Says current trading for 2023 is in line with guidance. Expects to invest around GBP115 million to GBP125 million in capital expenditure and financial net debt to be in the range of GBP630 million to GBP680 million in 2023. Announces 'Intertek 30 AAA' growth strategy, including plans for a "stronger portfolio poised for faster growth", targeting mid-single-digit like-for-like revenue growth at constant currency and to return margin to 17.5% peak "and beyond". This is alongside higher cash generation to fuel growth investments and deliver strong returns, as well as "more agile organisation and high-performance capability to unlock significant value growth opportunity".

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LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

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U.S. stocks skittish, but still score gains

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Main U.S. equity indexes end slightly green

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Can stocks bottom ahead of a recession?

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Taking stock of some rare bullish triggers

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It's time for dividends rule

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Main U.S. equity flutter near unchanged

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Turn that frown upside-downish: Empire State, NAHB

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Main U.S. equity flutter near unchanged, Nasdaq slightly lower

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Wedbush believes India is Apple's next market to conquer

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Major U.S. equity index futures mixed, little changed

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Intertek buys Brazilian environmental analysis firm Controle Analitico

(Alliance News) - Intertek Group PLC on Monday said it has agreed to buy Controle Analitico Analises Tecnicas Itda, a provider of environmental analysis with a focus on water testing.

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3 Apr 2023 08:06

LONDON BRIEFING: Stocks open higher ahead of PMI readings

(Alliance News) - Stocks in London opened higher on Monday morning, ahead of a slew of PMI scores in Europe and the US, whilst oil prices surged after a surprise Opec production cut.

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3 Apr 2023 07:16

Intertek to buy Brazilian environmental analysis provider Controle Analitico

(Sharecast News) - Intertek said on Monday that it has agreed to buy Controle Analítico, a Brazilian provider of environmental analysis with a focus on water testing, for an undisclosed sum.

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21 Mar 2023 09:20

LONDON BROKER RATINGS: Exane BNP raises Sainsbury to 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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