ITV plc (ITV) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their buy rating on shares of ITV plc (LON:ITV) in a report published on Tuesday morning.

Several other research analysts also recently commented on the stock. Liberum Capital reissued a buy rating and issued a GBX 330 ($4.34) price target on shares of ITV plc in a report on Friday, October 27th. Deutsche Bank AG reissued a hold rating and issued a GBX 180 ($2.37) price target on shares of ITV plc in a report on Wednesday, October 18th. HSBC Holdings plc raised shares of ITV plc to a buy rating and raised their price target for the company from GBX 200 ($2.63) to GBX 210 ($2.76) in a report on Monday, October 16th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 224 ($2.95) price target on shares of ITV plc in a report on Friday, September 22nd. Finally, Macquarie cut shares of ITV plc to an underperform rating and lowered their price objective for the company from GBX 200 ($2.63) to GBX 110 ($1.45) in a research report on Wednesday, September 13th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 208.19 ($2.74).

Shares of ITV plc (LON:ITV) traded up GBX 0.40 ($0.01) during trading hours on Tuesday, reaching GBX 156.80 ($2.06). 14,090,806 shares of the company’s stock traded hands, compared to its average volume of 15,570,000. ITV plc has a 1 year low of GBX 152.40 ($2.00) and a 1 year high of GBX 221.76 ($2.92).

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In other news, insider Mary Harris purchased 1,945 shares of the business’s stock in a transaction on Friday, September 29th. The shares were acquired at an average price of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).

ITV plc 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.

Analyst Recommendations for ITV plc (LON:ITV)

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