Roger Faxon Purchases 1,950 Shares of ITV plc (ITV) Stock
ITV plc (LON:ITV) insider Roger Faxon purchased 1,950 shares of the business’s stock in a transaction on Friday, December 29th. The shares were purchased at an average cost of GBX 164 ($2.19) per share, for a total transaction of £3,198 ($4,275.97).
Shares of ITV plc (LON ITV) opened at GBX 170.55 ($2.28) on Friday. ITV plc has a 12 month low of GBX 142.80 ($1.91) and a 12 month high of GBX 221.76 ($2.97). The firm has a market capitalization of $6,870.00 and a P/E ratio of 1,705.50.
Several research analysts have commented on the company. Liberum Capital reaffirmed a “buy” rating and set a GBX 330 ($4.41) price target on shares of ITV in a research report on Tuesday, December 19th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 180 ($2.41) price target on shares of ITV in a research report on Monday, December 4th. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 230 ($3.08) price target on shares of ITV in a research report on Thursday, November 23rd. JPMorgan Chase & Co. raised ITV to an “overweight” rating and cut their price target for the stock from GBX 204 ($2.73) to GBX 185 ($2.47) in a research report on Tuesday, November 21st. Finally, Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 175 ($2.34) price target on shares of ITV in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company’s stock. ITV has a consensus rating of “Buy” and an average target price of GBX 208.28 ($2.78).
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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