ITV plc (ITV) Rating Reiterated by Shore Capital

ITV plc (LON:ITV)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a research report issued to clients and investors on Wednesday, May 10th.

A number of other equities research analysts also recently weighed in on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 340 ($4.39) price objective on shares of ITV plc in a research report on Tuesday, May 9th. Citigroup Inc reaffirmed a “buy” rating on shares of ITV plc in a research report on Tuesday, May 9th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 180 ($2.32) price objective on shares of ITV plc in a research report on Thursday, May 4th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 260 ($3.36) price objective on shares of ITV plc in a research report on Tuesday, April 25th. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 240 ($3.10) price objective on shares of ITV plc in a research report on Tuesday, April 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. ITV plc currently has a consensus rating of “Hold” and an average target price of GBX 229.19 ($2.96).

Analyst Recommendations for ITV plc (LON:ITV)

Shares of ITV plc (LON:ITV) opened at 196.00 on Wednesday. The stock’s 50 day moving average is GBX 208.88 and its 200 day moving average is GBX 198.37. The firm’s market cap is GBX 7.86 billion. ITV plc has a 52 week low of GBX 141.00 and a 52 week high of GBX 225.59.

The firm also recently announced a dividend, which will be paid on Thursday, May 25th. Investors of record on Thursday, April 27th will be paid a dividend of GBX 9.80 ($0.13) per share. The ex-dividend date of this dividend is Thursday, April 27th. This is a positive change from ITV plc’s previous dividend of $2.40. This represents a yield of 4.63%.

COPYRIGHT VIOLATION WARNING: “ITV plc (ITV) Rating Reiterated by Shore Capital” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://sportsperspectives.com/2017/05/20/itv-plc-itv-receives-buy-rating-from-shore-capital-updated.html.

In other ITV plc news, insider Anna Manz bought 1,054 shares of the business’s stock in a transaction that occurred on Friday, March 31st. The stock was acquired at an average cost of GBX 212 ($2.74) per share, with a total value of £2,234.48 ($2,884.32). Also, insider Adam Crozier sold 240,534 shares of the stock in a transaction that occurred on Tuesday, March 28th. The shares were sold at an average price of GBX 210 ($2.71), for a total transaction of £505,121.40 ($652,021.94).

About ITV plc

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.

12 Month Chart for LON:ITV

Receive News & Ratings for ITV plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply