Royal Bank of Canada Downgrades Intertek Group (OTCMKTS:IKTSY) to Sector Perform

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

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

Intertek Group Trading Up 0.1 %

OTCMKTS IKTSY opened at $62.75 on Monday. Intertek Group has a 52 week low of $45.60 and a 52 week high of $69.79. The company has a 50 day moving average price of $65.63 and a 200 day moving average price of $62.96.

Intertek Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Friday, September 13th were given a $0.6554 dividend. The ex-dividend date 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.