Liberum Capital restated their buy rating on shares of ITV (LON:ITV) in a research report sent to investors on Tuesday. The brokerage currently has a GBX 260 ($3.40) price target on the broadcaster’s stock.
Several other research firms have also issued reports on ITV. UBS Group reissued a neutral rating and issued a GBX 160 ($2.09) target price (down from GBX 165 ($2.16)) on shares of ITV in a report on Thursday, October 18th. Deutsche Bank reissued a hold rating and issued a GBX 170 ($2.22) target price on shares of ITV in a report on Tuesday, September 18th. Citigroup reissued a buy rating and issued a GBX 215 ($2.81) target price on shares of ITV in a report on Tuesday, September 18th. Shore Capital reissued a buy rating on shares of ITV in a report on Wednesday, November 7th. Finally, Barclays reduced their target price on shares of ITV from GBX 185 ($2.42) to GBX 180 ($2.35) and set an equal weight rating for the company in a report on Thursday, September 20th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 187.29 ($2.45).
ITV stock opened at GBX 138.90 ($1.81) on Tuesday. ITV has a 12-month low of GBX 142.80 ($1.87) and a 12-month high of GBX 221.76 ($2.90).
ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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