ITV (ITV) Stock Rating Reaffirmed by Shore Capital

Shore Capital reiterated their buy rating on shares of ITV (LON:ITV) in a report issued on Wednesday.

ITV has been the subject of a number of other reports. Goldman Sachs Group downgraded shares of ITV to a neutral rating and lifted their price target for the company from GBX 189 ($2.47) to GBX 194 ($2.53) in a research report on Thursday, July 12th. Liberum Capital reiterated a buy rating on shares of ITV in a research report on Monday, August 6th. Barclays dropped their price target on shares of ITV from GBX 185 ($2.42) to GBX 180 ($2.35) and set an equal weight rating for the company in a research report on Thursday, September 20th. Kepler Capital Markets reiterated a hold rating on shares of ITV in a research report on Thursday, September 20th. Finally, Citigroup reiterated a buy rating on shares of ITV in a research report on Thursday, July 26th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 187.29 ($2.45).

Shares of LON ITV traded up GBX 1.40 ($0.02) during midday trading on Wednesday, reaching GBX 151.40 ($1.98). The company’s stock had a trading volume of 17,398,965 shares, compared to its average volume of 19,490,000. 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 acquired 2,727 shares of the firm’s stock in a transaction that occurred on Friday, September 28th. The shares were acquired at an average cost of GBX 157 ($2.05) per share, with a total value 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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