ITV plc (LON:ITV)’s share price dropped 0% during mid-day trading on Monday . The company traded as low as GBX 165.10 ($2.22) and last traded at GBX 165.30 ($2.22). Approximately 11,062,983 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 21,270,000 shares. The stock had previously closed at GBX 165.30 ($2.22).

ITV has been the subject of a number of research reports. upgraded ITV to a “buy” rating and increased their price objective for the stock from GBX 200 ($2.69) to GBX 210 ($2.83) in a report on Monday, October 16th. Liberum Capital reiterated a “buy” rating and issued a GBX 320 ($4.31) price objective on shares of ITV in a report on Wednesday, September 6th. Deutsche Bank reiterated a “hold” rating and issued a GBX 180 ($2.42) price objective on shares of ITV in a report on Wednesday, November 15th. Goldman Sachs Group reiterated a “buy” rating and issued a GBX 224 ($3.01) price objective on shares of ITV in a report on Friday, September 22nd. Finally, Macquarie downgraded ITV to an “underperform” rating and decreased their price objective for the stock from GBX 200 ($2.69) to GBX 110 ($1.48) in a report on Wednesday, September 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 208.28 ($2.80).

In other ITV news, insider Mary Harris acquired 1,945 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average cost of GBX 172 ($2.31) per share, with a total value of £3,345.40 ($4,502.56).

ILLEGAL ACTIVITY WARNING: “ITV (ITV) Trading Down 0%” was posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://www.watchlistnews.com/itv-itv-trading-down-0/1771650.html.

ITV Company Profile

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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV and related companies with MarketBeat.com's FREE daily email newsletter.