ITV Price Target Increased to $1.50 by Analysts at Deutsche Bank (ITV)
Analysts at Deutsche Bank boosted their price target on shares of ITV (LON: ITV) from $1.35 (90 GBX) to $1.50 (100 GBX) in a research report issued to clients and investors on Thursday. The firm currently has a “sell” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Investec Securities upgraded shares of ITV to a “hold” rating in a research note to investors on Thursday. They now have a $1.65 price target on the stock, up previously from $1.50. Separately, analysts at Nomura reiterated a “buy” rating on shares of ITV in a research note to investors on Thursday. They now have a $1.95 price target on the stock. Finally, analysts at Barclays Capital raised their price target on shares of ITV from $1.35 to $1.73 in a research note to investors on Thursday. They now have an “equal-weight” rating on the stock.
ITV traded down 0.64% on Thursday, hitting GBX 123.40. ITV has a 1-year low of GBX 58.489 and a 1-year high of GBX 92.75. The stock’s 50-day moving average is currently GBX 89.23. The company’s market cap is £4.807 billion.
ITV plc is a commercial television network in the United Kingdom. It has two segments: ITV Studios and Broadcasting & Online’ segment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.