ITV plc (LON:ITV) fell 0% on Tuesday . The stock traded as low as GBX 168.70 ($2.29) and last traded at GBX 169.10 ($2.29). 12,338,159 shares changed hands during mid-day trading, an increase of 0% from the average session volume of 12,290,000 shares. The stock had previously closed at GBX 169.10 ($2.29).

Several brokerages recently weighed in on ITV. Citigroup reaffirmed a “buy” rating on shares of ITV in a research note on Monday, November 13th. Liberum Capital reissued a “buy” rating and issued a GBX 330 ($4.48) target price on shares of ITV in a research note on Monday, January 8th. Shore Capital reissued a “buy” rating on shares of ITV in a research note on Tuesday, November 7th. Kepler Capital Markets reissued a “hold” rating and issued a GBX 175 ($2.37) target price on shares of ITV in a research note on Wednesday, November 15th. Finally, JPMorgan Chase & Co. raised ITV to an “overweight” rating and cut their target price for the stock from GBX 204 ($2.77) to GBX 185 ($2.51) in a research note on Tuesday, November 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 208.28 ($2.82).

The company has a market capitalization of $6,830.00 and a price-to-earnings ratio of 1,691.00.

In other news, insider Roger Faxon bought 1,950 shares of the stock in a transaction on Friday, December 29th. The shares were bought at an average price of GBX 164 ($2.22) per share, with a total value of £3,198 ($4,336.86). Also, insider Mary Harris bought 2,013 shares of the stock in a transaction on Tuesday, January 2nd. The stock was purchased at an average cost of GBX 167 ($2.26) per share, for a total transaction of £3,361.71 ($4,558.87).

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About ITV

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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