ITV (NASDAQ:ITVPY) Given Average Recommendation of “Buy” by Brokerages
Shares of ITV (NASDAQ:ITVPY) have received an average broker rating score of 2.33 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. ITV’s rating score has declined by 16.5% from three months ago as a result of various analysts’ ratings changes.
Zacks has also given ITV an industry rank of 177 out of 265 based on the ratings given to related companies.
ITVPY has been the subject of several analyst reports. Zacks Investment Research downgraded ITV from a “buy” rating to a “sell” rating in a research note on Tuesday, April 4th. Macquarie reaffirmed a “neutral” rating on shares of ITV in a report on Thursday, June 15th. HSBC Holdings plc reaffirmed a “hold” rating on shares of ITV in a report on Thursday, June 1st. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of ITV in a report on Friday, April 7th.
ITV (NASDAQ:ITVPY) traded down 1.36% on Monday, reaching $23.14. The company’s stock had a trading volume of 2,220 shares. ITV has a 52-week low of $20.01 and a 52-week high of $28.17. The firm’s 50-day moving average price is $24.13 and its 200 day moving average price is $25.40. The company has a market cap of $9.28 billion and a P/E ratio of 16.07.
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