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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: 4,936.00
Bid: 4,956.00
Ask: 4,958.00
Change: -12.00 (-0.24%)
Spread: 2.00 (0.04%)
Open: 4,956.00
High: 4,986.00
Low: 4,920.00
Prev. Close: 4,948.00
ITRK Live PriceLast checked at -

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London open: Stocks edge higher as corporate updates impress

Fri, 15th May 2015 08:54

UK stocks edged higher on Friday morning ahead of what is expected to be another quiet session, though trading volumes are expected to pick up slightly.The FTSE 100 was up 0.38% at 6,999.81 early on with corporate updates from a number of blue chips being warmly-received by investors.Markets across Europe had finished higher on Thursday, though volumes were lower than usual owing to bank holidays in both France and Germany."Trading volumes should pick up on Friday as people in Europe return to their desks [...], although they will probably remain below average as it's likely many will stay away today and turn it into a long weekend," said analyst Craig Erlam from Oanda.He said that a lack of economic data on Friday "won't help matters".The UK construction output data due at 09:30 is the only major release of the morning, with output forecast to have risen 4% in March after a 0.9% fall in February. The annual growth rate is expected to come in at 1.1% after a previous 1.3% decline.Friday afternoon will see the release of a host of economic data from the US with the Empire State manufacturing index, industrial production and University of Michigan consumer-confidence survey all due.Corporate updates impressCoca-Cola bottler Coca-Cola HBC gained after beating forecasts slightly with an unexpected increase in first-quarter sales. Net sales revenues totalled €1.353bn in the first three months of 2015, up just 1.7% on last year.Housebuilder Bovis Homes advanced after hiking its dividend plans following a strong start to the year. Bovis said it now planned to pay out 40p per share, up from the 35p it had previously indicated.Product testing and quality certification group Intertek rose after saying it traded in line with expectations in the first four months of 2015 with revenue growth of 3.3%, helped by a stronger pound.SABMiller pleased with a deal to buy London-based modern craft brewer Meantime Brewing Company for an unspecified sum as it looks to diversify from its mainstream beer brands.Real estate investment trusts were all performing well, including British Land, Land Securities, TR Property Investment Trust, Shaftesbury and Derwent London.Oil and gas stocks including BP, Shell and Premier Oil were lower as Brent crude fell 0.4% to $66.46 a barrel.Market MoverstechMARK 3,251.63 +0.33%FTSE 100 6,999.81 +0.38%FTSE 250 17,999.93 +0.39%FTSE 100 - RisersCoca-Cola HBC AG (CDI) (CCH) 1,452.00p +2.54%Kingfisher (KGF) 359.00p +1.82%Imperial Tobacco Group (IMT) 3,265.00p +1.68%ITV (ITV) 261.10p +1.48%Land Securities Group (LAND) 1,315.00p +1.47%British Land Company (BLND) 878.50p +1.38%St James's Place (STJ) 954.50p +1.38%United Utilities Group (UU.) 1,001.00p +1.32%Taylor Wimpey (TW.) 184.30p +1.26%3i Group (III) 534.00p +1.23%FTSE 100 - FallersBabcock International Group (BAB) 1,085.00p -1.18%Fresnillo (FRES) 755.00p -0.79%Weir Group (WEIR) 1,901.00p -0.73%Sainsbury (J) (SBRY) 267.40p -0.67%Royal Dutch Shell 'B' (RDSB) 2,044.50p -0.51%BP (BP.) 454.90p -0.42%Antofagasta (ANTO) 793.00p -0.31%Royal Dutch Shell 'A' (RDSA) 2,013.50p -0.25%Travis Perkins (TPK) 2,157.00p -0.23%BT Group (BT.A) 464.10p -0.19%FTSE 250 - RisersBwin.party Digital Entertainment (BPTY) 91.40p +2.24%Crest Nicholson Holdings (CRST) 504.50p +2.04%Shaftesbury (SHB) 877.50p +1.92%UDG Healthcare Public Limited Company (UDG) 545.00p +1.87%Greggs (GRG) 1,152.00p +1.86%TR Property Inv Trust (TRY) 314.00p +1.75%Inchcape (INCH) 888.00p +1.54%Henderson Group (HGG) 277.20p +1.54%Great Portland Estates (GPOR) 846.00p +1.50%BTG (BTG) 782.50p +1.49%FTSE 250 - FallersPremier Oil (PMO) 177.30p -3.11%Lonmin (LMI) 140.50p -2.23%Evraz (EVR) 202.10p -2.04%Hunting (HTG) 599.00p -1.88%Soco International (SIA) 193.20p -1.83%PayPoint (PAY) 877.00p -1.68%Drax Group (DRX) 418.50p -1.51%Tullow Oil (TLW) 420.80p -1.34%Wood Group (John) (WG.) 703.50p -1.26%Amec Foster Wheeler (AMFW) 900.50p -1.26%
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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