ITV plc (ITV) Given Average Rating of “Hold” by Brokerages

ITV plc (LON:ITV) has been assigned a consensus rating of “Hold” from the fifteen research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 188.92 ($2.47).

A number of analysts recently weighed in on ITV shares. Liberum Capital restated a “buy” rating on shares of ITV in a research note on Monday, August 6th. Barclays cut their target price on shares of ITV from GBX 185 ($2.42) to GBX 180 ($2.35) and set an “equal weight” rating on the stock in a research note on Thursday, September 20th. Kepler Capital Markets restated a “hold” rating on shares of ITV in a research note on Thursday, September 20th. Citigroup restated a “buy” rating on shares of ITV in a research note on Thursday, July 26th. Finally, Deutsche Bank cut their target price on shares of ITV from GBX 180 ($2.35) to GBX 170 ($2.22) and set a “hold” rating on the stock in a research note on Wednesday, August 1st.

LON:ITV traded up GBX 1.20 ($0.02) on Friday, reaching GBX 150.20 ($1.96). 8,380,610 shares of the company’s stock were exchanged, compared to its average volume of 19,490,000. ITV has a 52-week low of GBX 142.80 ($1.87) and a 52-week high of GBX 221.76 ($2.90).

In other ITV news, insider Mary Harris purchased 2,727 shares of the stock in a transaction that occurred on Friday, September 28th. The stock was purchased at an average cost of GBX 157 ($2.05) per share, with a total value of £4,281.39 ($5,594.39). Also, insider Salman Amin purchased 7,960 shares of the stock in a transaction that occurred on Thursday, November 8th. The stock was acquired at an average cost of GBX 151 ($1.97) per share, with a total value of £12,019.60 ($15,705.74).

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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