ITV plc (LON:ITV)‘s stock had its “buy” rating restated by equities researchers at Citigroup Inc. in a report released on Monday.
Several other equities analysts also recently commented on ITV. Shore Capital reiterated a “buy” rating on shares of ITV plc in a report on Monday, October 2nd. Deutsche Bank AG reiterated a “hold” rating and set a GBX 180 ($2.37) price target on shares of ITV plc in a report on Tuesday, July 18th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of ITV plc in a report on Tuesday, July 18th. Liberum Capital reiterated a “buy” rating and set a GBX 320 ($4.21) price target on shares of ITV plc in a report on Wednesday, August 9th. Finally, Numis Securities Ltd lowered their price target on 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 equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 211.68 ($2.78).
ITV plc (LON ITV) opened at GBX 148.30 ($1.95) on Monday. ITV plc has a twelve month low of GBX 152.40 ($2.00) and a twelve month high of GBX 221.76 ($2.92).
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In related news, insider Mary Harris acquired 1,945 shares of the business’s stock in a transaction on Friday, September 29th. The stock was bought at an average cost of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).
About ITV plc
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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