ITV plc (LON:ITV) insider Peter Bazalgette bought 11,875 shares of the firm’s stock in a transaction dated Friday, September 30th. The shares were acquired at an average cost of GBX 183 ($2.39) per share, with a total value of £21,731.25 ($28,366.07).
ITV plc (LON:ITV) opened at 183.70 on Thursday. ITV plc has a one year low of GBX 141.00 and a one year high of GBX 279.10. The stock’s market capitalization is GBX 7.37 billion. The company’s 50 day moving average price is GBX 195.91 and its 200-day moving average price is GBX 206.70.
The business also recently declared a dividend, which will be paid on Monday, November 28th. Shareholders of record on Thursday, October 27th will be given a GBX 2.40 ($0.03) dividend. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, October 27th.
ITV has been the subject of several research analyst reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 375 ($4.89) target price on shares of ITV plc in a research report on Friday, June 10th. Societe Generale downgraded ITV plc to a “sell” rating and cut their price target for the stock from GBX 280 ($3.65) to GBX 180 ($2.35) in a research note on Friday, June 24th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 228 ($2.98) price target on shares of ITV plc in a research note on Monday, June 27th. BNP Paribas reiterated a “neutral” rating and set a GBX 190 ($2.48) price target on shares of ITV plc in a research note on Monday, June 27th. Finally, Credit Suisse Group AG cut their price target on ITV plc from GBX 255 ($3.33) to GBX 200 ($2.61) and set an “outperform” rating for the company in a research note on Friday, July 1st. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 249.42 ($3.26).
ITV plc Company Profile
ITV plc (ITV) is a United Kingdom-based integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. The Company operates through segments: Broadcast & Online and ITV Studios. The Company’s Broadcast & Online operates the commercial family of channels in the United Kingdom and delivers content through traditional television broadcasting.
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