ITV plc (ITV) Given “Buy” Rating at Shore Capital
ITV has been the topic of several other research reports. Citigroup Inc. reiterated a buy rating on shares of ITV plc in a report on Monday. Liberum Capital reiterated a buy rating and issued a GBX 330 ($4.34) price target on shares of ITV plc in a report on Monday, October 9th. Jefferies Group LLC reiterated a buy rating on shares of ITV plc in a report on Wednesday, July 19th. dropped their target price 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 report on Tuesday, July 18th. Finally, Numis Securities Ltd dropped their target price on shares of ITV plc from GBX 230 ($3.03) to GBX 210 ($2.76) and set an add rating on the stock in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 211.68 ($2.78).
Shares of ITV plc (LON:ITV) traded up GBX 0.60 ($0.01) during trading on Tuesday, hitting GBX 150.60 ($1.98). 39,198,029 shares of the stock traded hands, compared to its average volume of 15,200,000. ITV plc has a 1 year low of GBX 152.40 ($2.00) and a 1 year high of GBX 221.76 ($2.92).
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In other news, insider Mary Harris purchased 1,945 shares of the business’s stock in a transaction on Friday, September 29th. The stock was acquired at an average cost of GBX 172 ($2.26) per share, for a total transaction 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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