ITV (LON:ITV) Receives Hold Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of ITV (LON:ITV – Free Report) in a report released on Friday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 90 price target on the broadcaster’s stock.

ITV Stock Performance

Shares of ITV stock opened at GBX 77.05 on Friday. The company has a debt-to-equity ratio of 48.72, a quick ratio of 0.83 and a current ratio of 1.23. ITV has a 1 year low of GBX 65.70 and a 1 year high of GBX 88.90. The firm’s 50-day simple moving average is GBX 79.43 and its 200-day simple moving average is GBX 79.58. The firm has a market cap of £2.88 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of -0.53 and a beta of 0.82.

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ITV (LON:ITV – Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The broadcaster reported GBX 8.50 EPS for the quarter. ITV had a return on equity of 11.42% and a net margin of 7.28%. Equities analysts forecast that ITV will post 1120 earnings per share for the current fiscal year.

Insider Activity at ITV

In related news, insider Chris Kennedy sold 396,282 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of GBX 78, for a total transaction of £309,099.96. Also, insider Carolyn McCall sold 652,363 shares of ITV stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of GBX 78, for a total transaction of £508,843.14. Corporate insiders own 0.48% of the company’s stock.

About ITV

(Get Free Report)

ITV is a producer, streamer and broadcaster, consisting of ITV Studios and Media & Entertainment (M&E).

ITV Studios is a scaled global creator, owner and distributor of high-quality TV content, producing some of the most successful shows in the world. It operates in 13 countries, across 60+ labels and is diversified by genre, geography and customer in the key creative markets around the world.

Media & Entertainment is the largest commercial streamer and broadcaster. Through M&E, we make brilliant British-focused content available on ITVX – our free, advertiser-funded streaming service – alongside our free-to-air linear TV channels.

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