Deutsche Bank AG Reaffirms Hold Rating for ITV plc (ITV)
ITV plc (LON:ITV)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank AG in a report released on Wednesday. They currently have a GBX 180 ($2.37) target price on the broadcaster’s stock. Deutsche Bank AG’s price target would indicate a potential upside of 20.00% from the company’s previous close.
Several other research analysts have also commented on the stock. upgraded shares of ITV plc to a “buy” rating and upped their price objective for the stock from GBX 200 ($2.63) to GBX 210 ($2.76) in a report on Monday, October 16th. Liberum Capital restated a “buy” rating and issued a GBX 320 ($4.21) price objective on shares of ITV plc in a report on Thursday, August 31st. Credit Suisse Group AG reiterated an “outperform” rating on shares of ITV plc in a research note on Friday, July 21st. Jefferies Group LLC reiterated a “buy” rating on shares of ITV plc in a research note on Wednesday, July 19th. Finally, Shore Capital reiterated a “buy” rating on shares of ITV plc in a research note on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. ITV plc has a consensus rating of “Hold” and a consensus price target of GBX 211.68 ($2.78).
ITV plc (ITV) opened at GBX 150 ($1.97) on Wednesday. ITV plc has a 1-year low of GBX 152.40 ($2.00) and a 1-year high of GBX 221.76 ($2.92).
TRADEMARK VIOLATION WARNING: “Deutsche Bank AG Reaffirms Hold Rating for ITV plc (ITV)” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.watchlistnews.com/deutsche-bank-ag-reaffirms-hold-rating-for-itv-plc-itv/1703681.html.
In related news, insider Mary Harris purchased 1,945 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were purchased at an average price of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).
About ITV plc
ITV plc (ITV) is an integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. It operates through two segments: Broadcast & Online and ITV Studios. The Broadcast & Online segment operates the commercial family of channels in the United Kingdom and delivers content through television broadcasting.
Receive News & Ratings for ITV plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV plc and related companies with Analyst Ratings Network's FREE daily email newsletter.