Intertek Group (OTCMKTS:IKTSY) Rating Lowered to Sector Perform at Royal Bank of Canada

Royal Bank of Canada downgraded shares of Intertek Group (OTCMKTS:IKTSY) from an outperform rating to a sector perform rating in a research report report published on Monday morning, Marketbeat Ratings reports.

Separately, The Goldman Sachs Group upgraded shares of Intertek Group to a “strong-buy” rating in a research report on Friday, October 11th.

Intertek Group Price Performance

Intertek Group stock opened at $62.75 on Monday. Intertek Group has a 1-year low of $45.60 and a 1-year high of $69.79. The firm has a 50 day simple moving average of $65.63 and a 200-day simple moving average of $62.96.

Intertek Group Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Friday, September 13th were paid a dividend of $0.6554 per share. The ex-dividend date of this dividend was Friday, September 13th.

About Intertek Group

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.