ITV (ITV) Stock Rating Reaffirmed by Deutsche Bank
Other analysts have also issued research reports about the company. Liberum Capital restated a buy rating and issued a GBX 330 ($4.56) price objective on shares of ITV in a research note on Monday, January 15th. Kepler Capital Markets restated a hold rating and issued a GBX 175 ($2.42) price objective on shares of ITV in a research note on Wednesday, November 15th. Citigroup restated a buy rating and issued a GBX 220 ($3.04) price objective on shares of ITV in a research note on Thursday. Barclays lowered ITV to an equal weight rating and dropped their price objective for the company from GBX 200 ($2.76) to GBX 180 ($2.49) in a research note on Thursday. Finally, HSBC lowered ITV to a hold rating and set a GBX 180 ($2.49) price objective on the stock. in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 195.93 ($2.71).
ITV (LON ITV) opened at GBX 153.90 ($2.13) on Thursday. ITV has a 52-week low of GBX 142.80 ($1.97) and a 52-week high of GBX 221.76 ($3.06). The company has a market capitalization of $6,200.00 and a P/E ratio of 1,539.00.
The company also recently announced a dividend, which will be paid on Thursday, May 24th. Stockholders of record on Thursday, April 12th will be paid a dividend of GBX 5.28 ($0.07) per share. The ex-dividend date of this dividend is Thursday, April 12th. This represents a dividend yield of 3.4%. This is a positive change from ITV’s previous dividend of $2.52.
In other news, insider Mary Harris bought 2,013 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were bought at an average price of GBX 167 ($2.31) per share, for a total transaction of £3,361.71 ($4,644.53). Also, insider Roger Faxon bought 1,950 shares of the stock in a transaction dated Friday, December 29th. The shares were purchased at an average price of GBX 164 ($2.27) per share, for a total transaction of £3,198 ($4,418.35).
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ITV 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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