Shore Capital Reaffirms “Buy” Rating for ITV plc (ITV)
Several other equities analysts also recently issued reports on ITV. Liberum Capital reissued a buy rating and set a GBX 320 ($4.21) price objective on shares of ITV plc in a research note on Monday, July 17th. reduced their price objective on shares of ITV plc from GBX 215 ($2.83) to GBX 200 ($2.63) and set a hold rating on the stock in a research note on Tuesday, July 18th. J P Morgan Chase & Co reissued a neutral rating on shares of ITV plc in a research note on Tuesday, July 18th. Deutsche Bank AG reissued a hold rating and set a GBX 180 ($2.37) price objective on shares of ITV plc in a research note on Tuesday, July 18th. Finally, Jefferies Group LLC reissued a buy rating on shares of ITV plc in a research note on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 211.68 ($2.78).
ITV plc (ITV) traded up GBX 0.20 ($0.00) during mid-day trading on Tuesday, hitting GBX 150.50 ($1.98). 26,357,756 shares of the stock traded hands, compared to its average volume of 18,410,000. ITV plc has a twelve month low of GBX 142.80 ($1.88) and a twelve month high of GBX 221.76 ($2.92).
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In other news, insider Mary Harris purchased 1,945 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was acquired at an average cost 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.
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