ITV (ITV) Stock Rating Reaffirmed by Shore Capital

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

Other equities research analysts have also recently issued reports about the company. Barclays upped their target price on ITV from GBX 175 ($2.29) to GBX 185 ($2.42) and gave the stock an “equal weight” rating in a research note on Thursday, July 26th. Citigroup restated a “buy” rating on shares of ITV in a research note on Thursday, July 26th. Liberum Capital restated a “buy” rating and set a GBX 275 ($3.59) target price on shares of ITV in a research note on Tuesday, September 4th. Kepler Capital Markets restated a “hold” rating on shares of ITV in a research note on Thursday, September 20th. Finally, Deutsche Bank cut their target price on ITV from GBX 180 ($2.35) to GBX 170 ($2.22) and set a “hold” rating for the company in a research note on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. ITV currently has an average rating of “Hold” and a consensus target price of GBX 188.71 ($2.47).

LON ITV opened at GBX 150.10 ($1.96) on Wednesday. ITV has a fifty-two week low of GBX 142.80 ($1.87) and a fifty-two week high of GBX 221.76 ($2.90).

In other news, insider Mary Harris purchased 2,727 shares of the company’s stock in a transaction dated Friday, September 28th. The stock was bought at an average cost of GBX 157 ($2.05) per share, for a total transaction of £4,281.39 ($5,594.39).

ITV Company Profile

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.

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Analyst Recommendations for ITV (LON:ITV)

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