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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: 4,792.00
Bid: 4,790.00
Ask: 4,794.00
Change: -30.00 (-0.62%)
Spread: 4.00 (0.084%)
Open: 4,836.00
High: 4,836.00
Low: 4,790.00
Prev. Close: 4,822.00
ITRK Live PriceLast checked at -

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London open: Stocks open flat on uncertainty ahead of Greek referendum

Thu, 02nd Jul 2015 09:11

UK stocks opened broadly flat on Thursday morning as fading optimism about a Greek debt deal and an upcoming US jobs report gave investors reasons to be cautious.The FTSE 100 was down 0.07% at 6,603.96 early on.After showing signs of conceding ground on Wednesday and offering to meet most of the demands from last week's funding proposal, Greek Prime Minister Alexis Tsipras said the planned 5 July referendum on a bailout deal would still go ahead and reiterated his call on the public to vote 'no'."Yesterday was a spectacular day for Alex Tsipras's political flip-flopping, in the morning appearing to have yielded to most of Greece's creditors' demands, only to turn around later and tell his people to tell the very same creditors to get stuffed and vote 'no' in Sunday's referendum," said dealer Jonathan Sudaria from London Capital Group.European leaders have now broken off talks about a new deal and said they would not hold more discussions until after the referendum."The line appears to be that the creditors are happy to talk, either after the referendum, or straightaway if the referendum is called off," said CMC Markets analyst Michael Hewson.Looking ahead, the non-farm payrolls figure for June - scheduled one day earlier than normal due to national holidays Stateside on Friday for the weekend's Fourth of July celebrations - will be released at 13:30, along with a barrage of other labour-market data such as the unemployment rate, average hourly earnings, and weekly jobless claims.Analysts expect the Labor Department to report that 230,000 payrolls were added in the US economy last month, down sharply from the forecast-beating 280,000 that were registered for May, the highest since December 2014. The unemployment rate is estimated to tick down further to 5.4% from 5.5%.Ex-div stocks provide a dragA number of blue chips were trading in the red after going ex-dividend, including Compass, Babcock, British Land, Burberry, Coca-Cola HBC and Royal Mail.Dixons Carphone rose strongly after entering into an agreement with Sprint Corp to open and manage a significant number of Sprint-branded stores in the US.Housebuilder Persimmon underwhelmed with its first-half results despite revenues increasing by 12% thanks to higher selling prices and higher volumes of new home sales, aided by an increasingly competitive mortgage market.Chemicals company Synthomer fell after guiding to a lower operating profit in its Europe and North American division in the first half due to weak demand and increased prices for raw materials.Product testing outfit Intertek was trading with heavy losses after Jefferies lowered its stance on the shares to 'underperform' and cut its target price from 2,400p to 2,100p.Outsourcer Serco was extending gains made on Wednesday following a strong first-half trading update, as Numis raised its rating on the stock to 'hold'.Market MoverstechMARK 3,125.84 -0.09%FTSE 100 6,603.96 -0.07%FTSE 250 17,672.39 -0.25%FTSE 100 - RisersDixons Carphone (DC.) 474.60p +3.44%Hammerson (HMSO) 632.00p +0.88%London Stock Exchange Group (LSE) 2,433.00p +0.70%AstraZeneca (AZN) 4,148.50p +0.68%Land Securities Group (LAND) 1,242.00p +0.65%United Utilities Group (UU.) 897.50p +0.62%Smiths Group (SMIN) 1,157.00p +0.61%Shire Plc (SHP) 5,240.00p +0.58%HSBC Holdings (HSBA) 574.20p +0.58%Intu Properties (INTU) 313.00p +0.51%FTSE 100 - FallersIntertek Group (ITRK) 2,364.00p -3.98%Royal Mail (RMG) 502.00p -3.00%Ashtead Group (AHT) 1,073.00p -2.54%Babcock International Group (BAB) 1,069.00p -2.11%Burberry Group (BRBY) 1,559.00p -2.01%Coca-Cola HBC AG (CDI) (CCH) 1,353.00p -1.96%Weir Group (WEIR) 1,691.00p -1.63%ARM Holdings (ARM) 1,046.00p -1.60%G4S (GFS) 268.40p -1.47%Hargreaves Lansdown (HL.) 1,153.00p -1.37%FTSE 250 - RisersSerco Group (SRP) 126.50p +7.20%Entertainment One Limited (ETO) 370.40p +4.04%Betfair Group (BET) 2,501.00p +3.95%BTG (BTG) 650.50p +3.58%AA (AA.) 383.60p +3.48%Supergroup (SGP) 1,271.00p +3.42%Great Portland Estates (GPOR) 802.50p +3.41%Derwent London (DLN) 3,518.00p +3.41%WH Smith (SMWH) 1,579.00p +3.34%Hiscox Limited (CDI) (HSX) 866.00p +3.22%FTSE 250 - FallersHunting (HTG) 577.00p -5.41%Evraz (EVR) 117.70p -4.46%Zoopla Property Group (WI) (ZPLA) 266.00p -4.32%Lonmin (LMI) 107.10p -4.29%ICAP (IAP) 510.00p -3.68%Premier Oil (PMO) 144.30p -3.22%Fidessa Group (FDSA) 2,207.00p -2.99%Acacia Mining (ACA) 293.30p -2.85%Dairy Crest Group (DCG) 518.50p -2.63%Vedanta Resources (VED) 507.50p -2.40%
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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