ITV (LON:ITV) Stock Rating Reaffirmed by Shore Capital

ITV (LON:ITV)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat.com reports.

Separately, Citigroup reissued a “buy” rating and set a GBX 110 ($1.42) target price on shares of ITV in a research note on Thursday, June 6th.

ITV Stock Down 0.4 %

LON:ITV opened at GBX 80.75 ($1.04) on Thursday. The company has a market cap of £3.21 billion, a price-to-earnings ratio of 1,615.00, a P/E/G ratio of -0.53 and a beta of 1.45. ITV has a 52-week low of GBX 55.49 ($0.72) and a 52-week high of GBX 89 ($1.15). The company has a debt-to-equity ratio of 48.85, a quick ratio of 0.83 and a current ratio of 1.55. The stock’s fifty day moving average price is GBX 80.07 and its two-hundred day moving average price is GBX 71.31.

Insiders Place Their Bets

In other news, insider Graham Cooke purchased 16,996 shares of the stock in a transaction on Wednesday, May 1st. The stock was purchased at an average price of GBX 70 ($0.91) per share, for a total transaction of £11,897.20 ($15,386.96). Insiders own 10.39% of the company’s stock.

About ITV

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.