ITV plc (ITV) Given “Buy” Rating at Liberum Capital
Other equities analysts have also recently issued reports about the company. BNP Paribas reissued a neutral rating and set a GBX 200 ($2.61) price objective on shares of ITV plc in a report on Wednesday, September 28th. Panmure Gordon reissued a buy rating and set a GBX 315 ($4.11) price objective on shares of ITV plc in a report on Tuesday, July 26th. Morgan Stanley reissued an equal weight rating and set a GBX 240 ($3.13) price objective on shares of ITV plc in a report on Thursday, September 1st. Numis Securities Ltd reissued an add rating and set a GBX 230 ($3.00) price objective on shares of ITV plc in a report on Thursday, July 28th. Finally, Goldman Sachs Group Inc. reissued a buy rating and set a GBX 218 ($2.85) price objective on shares of ITV plc in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. ITV plc has an average rating of Hold and an average target price of GBX 249.42 ($3.26).
Shares of ITV plc (LON:ITV) traded up 0.7221% during trading on Wednesday, reaching GBX 185.0265. The company’s stock had a trading volume of 12,534,315 shares. ITV plc has a 52-week low of GBX 141.00 and a 52-week high of GBX 279.10. The stock’s market cap is GBX 7.42 billion. The stock’s 50 day moving average price is GBX 195.91 and its 200-day moving average price is GBX 206.70.
The business also recently announced a dividend, which will be paid on Monday, November 28th. Shareholders of record on Thursday, October 27th will be given a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 1.22%.
In other news, insider Crozier,Adam sold 500,000 shares of the stock in a transaction on Monday, September 12th. The stock was sold at an average price of GBX 200 ($2.61), for a total transaction of £1,000,000 ($1,305,312.62). Also, insider Peter Bazalgette acquired 11,875 shares of the firm’s stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 183 ($2.39) per share, with a total value of £21,731.25 ($28,366.07).
ITV plc Company Profile
ITV plc (ITV) is a United Kingdom-based integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. The Company operates through segments: Broadcast & Online and ITV Studios. The Company’s Broadcast & Online operates the commercial family of channels in the United Kingdom and delivers content through traditional television broadcasting.
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