ITV (ITV) Given “Neutral” Rating at UBS Group
UBS Group restated their neutral rating on shares of ITV (LON:ITV) in a research note released on Thursday morning, investing.thisismoney.co.uk reports. The firm currently has a GBX 150 ($1.96) price target on the broadcaster’s stock, down from their prior price target of GBX 160 ($2.09).
Other research analysts also recently issued reports about the stock. Barclays upped their price target on shares of ITV from GBX 175 ($2.29) to GBX 185 ($2.42) and gave the stock an equal weight rating in a report on Thursday, July 26th. Citigroup reiterated a buy rating on shares of ITV in a report on Thursday, July 26th. Liberum Capital reiterated a buy rating and set a GBX 275 ($3.59) price target on shares of ITV in a report on Tuesday, September 4th. Kepler Capital Markets reiterated a hold rating on shares of ITV in a report on Thursday, September 20th. Finally, Deutsche Bank lowered their price target on shares of ITV from GBX 180 ($2.35) to GBX 170 ($2.22) and set a hold rating for the company in a report on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 187.29 ($2.45).
Shares of LON:ITV opened at GBX 150.10 ($1.96) on Thursday. ITV has a 52-week low of GBX 142.80 ($1.87) and a 52-week high of GBX 221.76 ($2.90).
ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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