Intertek Group PLC
ITRK: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 2,646.00 | Fkvbtr | Hxqmwbtj |
Intertek Earnings: Continues to Gain Momentum With Solid Growth
Narrow-moat Intertek saw solid half-year results, growing 7% from the prior year along with strong margin progression. We don’t expect to make any material changes to our forecasts on the back of this announcement. Our GBX 5,700 fair value estimate offers significant upside from the current share price.