ITV plc (ITV) Stock Rating Reaffirmed by Shore Capital
Several other research analysts also recently commented on the stock. Liberum Capital reissued a buy rating and issued a GBX 330 ($4.34) price target on shares of ITV plc in a report on Friday, October 27th. Deutsche Bank AG reissued a hold rating and issued a GBX 180 ($2.37) price target on shares of ITV plc in a report on Wednesday, October 18th. HSBC Holdings plc raised shares of ITV plc to a buy rating and raised their price target for the company from GBX 200 ($2.63) to GBX 210 ($2.76) in a report on Monday, October 16th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 224 ($2.95) price target on shares of ITV plc in a report on Friday, September 22nd. Finally, Macquarie cut shares of ITV plc to an underperform rating and lowered their price objective for the company from GBX 200 ($2.63) to GBX 110 ($1.45) in a research report on Wednesday, September 13th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 208.19 ($2.74).
Shares of ITV plc (LON:ITV) traded up GBX 0.40 ($0.01) during trading hours on Tuesday, reaching GBX 156.80 ($2.06). 14,090,806 shares of the company’s stock traded hands, compared to its average volume of 15,570,000. ITV plc has a 1 year low of GBX 152.40 ($2.00) and a 1 year high of GBX 221.76 ($2.92).
COPYRIGHT VIOLATION WARNING: “ITV plc (ITV) Stock Rating Reaffirmed by Shore Capital” was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/itv-plc-itv-stock-rating-reaffirmed-by-shore-capital/1696026.html.
In other news, insider Mary Harris purchased 1,945 shares of the business’s stock in a transaction on Friday, September 29th. The shares were acquired at an average price of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).
ITV plc 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 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.