ITV plc (ITV) Hits New 12-Month Low at $142.80
ITV plc (LON:ITV) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 142.80 ($1.88) and last traded at GBX 150 ($1.97), with a volume of 78514685 shares traded. The stock had previously closed at GBX 150 ($1.97).
A number of research analysts have recently issued reports on the stock. Shore Capital restated a “buy” rating on shares of ITV plc in a research report on Monday, October 2nd. Deutsche Bank AG restated a “hold” rating and issued a GBX 180 ($2.37) price target on shares of ITV plc in a research report on Tuesday, July 18th. J P Morgan Chase & Co restated a “neutral” rating on shares of ITV plc in a research report on Tuesday, July 18th. Liberum Capital restated a “buy” rating and issued a GBX 320 ($4.21) price target on shares of ITV plc in a research report on Wednesday, August 9th. Finally, Citigroup Inc. restated a “buy” rating on shares of ITV plc in a research report on Monday. Three analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 211.68 ($2.78).
In other news, insider Mary Harris bought 1,945 shares of ITV plc stock in a transaction dated Friday, September 29th. The stock was purchased at an average price of GBX 172 ($2.26) per share, for a total transaction of £3,345.40 ($4,400.11).
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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.
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