Shares of ITV plc (LON:ITV) have been assigned an average rating of “Hold” from the fifteen analysts that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 113 ($1.44).
Several research analysts have commented on ITV shares. Liberum Capital reissued a “buy” rating on shares of ITV in a report on Monday, March 23rd. Citigroup reduced their price target on shares of ITV from GBX 105 ($1.34) to GBX 95 ($1.21) and set a “buy” rating for the company in a research report on Thursday, April 2nd. UBS Group restated a “buy” rating on shares of ITV in a research report on Thursday, May 7th. Berenberg Bank reduced their price target on shares of ITV from GBX 120 ($1.53) to GBX 88 ($1.12) and set a “hold” rating for the company in a research report on Wednesday, March 25th. Finally, Shore Capital restated a “buy” rating on shares of ITV in a research report on Tuesday, May 12th.
LON ITV traded down GBX 0.28 ($0.00) during trading on Friday, hitting GBX 77.70 ($0.99). 8,933,213 shares of the company’s stock traded hands, compared to its average volume of 19,490,000. ITV has a 12-month low of GBX 50.06 ($0.64) and a 12-month high of GBX 165.90 ($2.11). The stock has a market capitalization of $3.14 billion and a price-to-earnings ratio of 6.58. The company has a debt-to-equity ratio of 131.44, a quick ratio of 0.86 and a current ratio of 1.14. The business has a 50 day moving average of GBX 78.17 and a 200-day moving average of GBX 105.73.
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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