BNP Paribas Reaffirms Neutral Rating for ITV plc (ITV)
Other equities analysts have also issued research reports about the company. Liberum Capital reissued a buy rating and set a GBX 375 ($4.89) price target on shares of ITV plc in a report on Friday, June 10th. Deutsche Bank AG lifted their price objective on ITV plc from GBX 175 ($2.28) to GBX 200 ($2.61) and gave the company a hold rating in a report on Thursday, July 28th. Peel Hunt reaffirmed a buy rating on shares of ITV plc in a report on Wednesday, July 13th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 190 ($2.48) price objective on shares of ITV plc in a report on Monday, July 18th. Finally, Shore Capital reaffirmed a buy rating on shares of ITV plc in a report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 249.42 ($3.26).
Shares of ITV plc (LON:ITV) opened at 186.452 on Wednesday. The firm’s market cap is GBX 7.48 billion. The company has a 50 day moving average price of GBX 196.78 and a 200 day moving average price of GBX 207.49. ITV plc has a 12-month low of GBX 141.00 and a 12-month high of GBX 279.10.
The company also recently disclosed a dividend, which will be paid on Monday, November 28th. Shareholders of record on Thursday, October 27th will be given a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 1.22%.
In related news, insider Peter Bazalgette bought 11,875 shares of the business’s stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 183 ($2.39) per share, for a total transaction of £21,731.25 ($28,366.07). Also, insider Crozier,Adam sold 500,000 shares of the company’s stock in a transaction dated Monday, September 12th. The shares were sold at an average price of GBX 200 ($2.61), for a total transaction of £1,000,000 ($1,305,312.62).
About ITV plc
ITV plc (ITV) is a United Kingdom-based integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. The Company operates through segments: Broadcast & Online and ITV Studios. The Company’s Broadcast & Online operates the commercial family of channels in the United Kingdom and delivers content through traditional television broadcasting.
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