ITV (LON:ITV)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a report issued on Thursday. They presently have a GBX 330 ($4.48) price target on the broadcaster’s stock. Liberum Capital’s target price would indicate a potential upside of 92.20% from the company’s previous close.
Several other equities research analysts have also recently commented on ITV. Shore Capital reiterated a “buy” rating on shares of ITV in a research report on Monday, October 2nd. upgraded shares of ITV to a “buy” rating and boosted their price target for the stock from GBX 200 ($2.71) to GBX 210 ($2.85) in a research report on Monday, October 16th. Deutsche Bank reiterated a “hold” rating and issued a GBX 180 ($2.44) price target on shares of ITV in a research report on Wednesday, October 18th. Citigroup reiterated a “buy” rating on shares of ITV in a research report on Monday, November 13th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 200 ($2.71) price target on shares of ITV in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 206.41 ($2.80).
Shares of ITV (LON:ITV) opened at GBX 171.70 ($2.33) on Thursday. ITV has a 1 year low of GBX 142.80 ($1.94) and a 1 year high of GBX 221.76 ($3.01). The company has a market cap of $6,910.00 and a PE ratio of 1,717.00.
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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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