ITV (ITV) Earns “Hold” Rating from Deutsche Bank

Deutsche Bank reaffirmed their hold rating on shares of ITV (LON:ITV) in a research note released on Monday morning. The firm currently has a GBX 180 ($2.42) target price on the broadcaster’s stock.

Other research analysts also recently issued research reports about the stock. Liberum Capital restated a buy rating and set a GBX 320 ($4.31) price target on shares of ITV in a research report on Wednesday, September 6th. upgraded shares of ITV to a buy rating and upped their price target for the stock from GBX 200 ($2.69) to GBX 210 ($2.83) in a research report on Monday, October 16th. Shore Capital reiterated a buy rating on shares of ITV in a report on Monday, October 2nd. Finally, Goldman Sachs Group reiterated a buy rating and issued a GBX 224 ($3.01) price objective on shares of ITV in a report on Friday, September 22nd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 210.68 ($2.84).

ITV (LON:ITV) traded up GBX 0.24 ($0.00) on Monday, hitting GBX 159.60 ($2.15). 11,098,997 shares of the company traded hands, compared to its average volume of 22,080,000. ITV has a 52-week low of GBX 142.80 ($1.92) and a 52-week high of GBX 221.76 ($2.98).

In related news, insider Mary Harris acquired 1,945 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was purchased at an average price of GBX 172 ($2.31) per share, with a total value of £3,345.40 ($4,502.56).

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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.

Analyst Recommendations for ITV (LON:ITV)

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