ITV plc’s (ITV) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of ITV plc (LON:ITV) in a report published on Monday morning. The firm currently has a GBX 330 ($4.34) price objective on the broadcaster’s stock.

ITV has been the subject of several other research reports. Kepler Capital Markets reiterated a hold rating and set a GBX 175 ($2.30) price objective on shares of ITV plc in a research report on Wednesday, November 15th. Barclays PLC reissued an overweight rating and issued a GBX 200 ($2.63) target price on shares of ITV plc in a research note on Wednesday, November 15th. Deutsche Bank AG reissued a hold rating and issued a GBX 180 ($2.37) target price on shares of ITV plc in a research note on Wednesday, November 15th. Shore Capital reissued a buy rating on shares of ITV plc in a research note on Tuesday, November 14th. Finally, Citigroup Inc. reissued a buy rating on shares of ITV plc in a research note on Monday, November 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 210.68 ($2.77).

ITV plc (LON:ITV) opened at GBX 148.31 ($1.95) on Monday. ITV plc has a 12-month low of GBX 142.80 ($1.88) and a 12-month high of GBX 221.76 ($2.92).

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In other news, insider Mary Harris bought 1,945 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of GBX 172 ($2.26) per share, for a total transaction 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.

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