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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: 4,744.00
Bid: 4,744.00
Ask: 4,748.00
Change: -146.00 (-2.99%)
Spread: 4.00 (0.084%)
Open: 4,884.00
High: 4,884.00
Low: 4,716.00
Prev. Close: 4,890.00
ITRK Live PriceLast checked at -

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FTSE 100 movers: Weir and Associated British Foods surge on upgrades

Fri, 29th May 2015 12:44

UK stocks shook off early morning caution by the afternoon, making modest gains in spite of Greek debt and panic selling on Chinese markets.As of 14:00 BST, the FTSE 100 was trading 0.04% higher at 7,044.Weir topped the risers as Credit Suisse raised its price target on the stock to 2,205p, citing an impending bottom to the US rig count and growing global oil demand growth. The Swiss bank upped its earnings per share forecasts for 2016 and 2017 earnings per share by 9% and 8% on the improving outlook for Weir's oil and gas business.Another hoisted by analyst opinions, Associated British Foods surged after Goldman Sachs upgraded its shares to 'buy' from 'sell' and raised the price target to 3,120p from 2,755p. The US investment bank pointed out that the Primark owner's shares had underperformed by 17% in the year to-date, which offered an attractive entry point as the bargain fashion chain is launched in the US.Astrazeneca was in the red, despite announcing plans to collaborate with Lilly on immuno-oncology combination clinical trials on solid tumours.Sector-wise, precious metal miners Fresnillo and Randgold Resources were trading higher, alongside insurers Prudential and Admiral Group.Ashtead extended Thursday's losses, which came as competitor United Rentals dropped 6% from comments made at KeyBanc capital markets conference which it played down activity in May.Intertek also continued lower, following a downgrade from 'buy' to 'hold' from Deutsche Bank on Thursday. "There is opportunity for new chief executive officer, AndrΓ© Lacroix, to improve growth, but this may take time," the bank said. RisersAssociated British Foods (ABF) 3,034.00p +2.85%Weir Group (WEIR) 2,025.00p +2.48%Fresnillo (FRES) 756.00p +2.09%Vodafone Group (VOD) 257.85p +1.64%Randgold Resources Ltd. (RRS) 4,753.00p +1.52%RSA Insurance Group (RSA) 436.00p +0.95%Dixons Carphone (DC.) 477.90p +0.93%Admiral Group (ADM) 1,504.00p +0.74%CRH (CRH) 1,860.00p +0.70%BHP Billiton (BLT) 1,386.00p +0.69%FallersTUI AG Reg Shs (DI) (TUI) 1,163.00p -2.10%Morrison (Wm) Supermarkets (MRW) 174.00p -1.69%SABMiller (SAB) 3,524.00p -1.40%Ashtead Group (AHT) 1,145.00p -1.38%Diageo (DGE) 1,816.50p -1.36%AstraZeneca (AZN) 4,439.50p -1.17%International Consolidated Airlines Group SA (CDI) (IAG) 562.50p -1.14%Tesco (TSCO) 214.05p -1.09%Anglo American (AAL) 1,024.00p -1.06%Intertek Group (ITRK) 2,510.00p -1.06%
More News
12 May 2023 13:26

ShoreCap raises estimates for Intertek but keeps at 'hold'

(Sharecast News) - Analysts at ShoreCap raised their profit estimates for Intertek despite concerns around the product testing and inspection specialist's ability to deliver on its targets.

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9 May 2023 13:35

RBC Capital lifts Intertek to 'sector perform'

(Sharecast News) - RBC Capital Markets upgraded its stance on inspection, product testing and certification company Intertek on Tuesday to 'sector perform' from 'underperform' as it said the stock was close to fair value.

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9 May 2023 09:29

LONDON BROKER RATINGS: RBC raises Intertek; Davy likes Greencoat UK

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

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9 May 2023 08:00

LONDON BRIEFING: Stocks called higher; UK house prices slip in April

(Alliance News) - Stocks in London are expected to open higher on Tuesday, as financial markets reopen after the long weekend and after a mixed day of trading over in Asia.

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9 May 2023 07:52

Broker tips: IAG, Intertek

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

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3 May 2023 10:48

Intertek unveils new segmental growth strategy

(Sharecast News) - Quality assurance and testing specialist Intertek took the wraps off its new 'Intertek 30 AAA' growth strategy on Wednesday, aiming to unlock significant value growth opportunities.

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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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27 Apr 2023 12:29

Travis Perkins appoints former Croda finance director as non-executive

(Alliance News) - Builders' merchant Travis Perkins PLC on Thursday said that Pete Redfern will step down as a senior independent director on June 1.

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19 Apr 2023 09:48

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

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

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17 Apr 2023 21:15

U.S. stocks skittish, but still score gains

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Main U.S. equity indexes end slightly green

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17 Apr 2023 18:36

Can stocks bottom ahead of a recession?

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Main U.S. equity indexes now just slightly red; Nasdaq off ~0.2%

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17 Apr 2023 17:23

Taking stock of some rare bullish triggers

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Main U.S. equity indexes modestly red: Nasdaq off ~0.4%

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17 Apr 2023 16:13

It's time for dividends rule

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Main U.S. equity flutter near unchanged

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17 Apr 2023 15:49

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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17 Apr 2023 15:15

U.S. stocks step gingerly in early trade

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Main U.S. equity indexes around flat

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