Other research analysts also recently issued reports about the stock. Shore Capital reissued a buy rating on shares of ITV in a research report on Wednesday. Liberum Capital reaffirmed a buy rating and issued a GBX 330 ($4.56) target price on shares of ITV in a research report on Monday, January 15th. Kepler Capital Markets reaffirmed a hold rating and issued a GBX 175 ($2.42) target price on shares of ITV in a research report on Wednesday, November 15th. Deutsche Bank reaffirmed a hold rating and issued a GBX 180 ($2.49) target price on shares of ITV in a research report on Wednesday, November 15th. Finally, Credit Suisse Group reaffirmed an outperform rating and issued a GBX 210 ($2.90) target price on shares of ITV in a research report on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 198.69 ($2.75).
Shares of ITV (LON ITV) traded down GBX 4.90 ($0.07) during trading on Wednesday, reaching GBX 155.10 ($2.14). 23,206,513 shares of the company’s stock were exchanged, compared to its average volume of 15,890,000. The stock has a market cap of $6,260.00 and a P/E ratio of 1,551.00. ITV has a fifty-two week low of GBX 142.80 ($1.97) and a fifty-two week high of GBX 221.76 ($3.06).
In other news, insider Mary Harris purchased 2,013 shares of the company’s stock in a transaction that occurred on 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 purchased 1,950 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The stock was 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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