Itv Plc. (OTCMKTS:ITVPY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $10.06, but opened at $10.57. ITV shares last traded at $10.58, with a volume of 1,900 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Kepler Capital Markets upgraded ITV from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.
Get Our Latest Research Report on ITVPY
ITV Stock Up 7.4%
About ITV
ITV plc is a United Kingdom–based broadcasting and media production company best known for its portfolio of free-to-air television channels, including ITV, ITV2, ITV3, ITV4 and CITV. The company generates revenue primarily through advertising sales across its broadcast network and digital platforms. In addition to traditional linear broadcasting, ITV offers on-demand and catch-up services via its streaming portal, providing viewers access to drama, entertainment, reality and sports programming.
Through its production arm, ITV Studios, the company develops, produces and distributes original content for both its own channels and third-party broadcasters and streaming platforms.
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