ITV plc (LON:ITV) has been assigned a consensus recommendation of “Hold” from the twenty-one analysts that are covering the stock, reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 209.41 ($2.71).

Several equities analysts have commented on ITV shares. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 180 ($2.33) price target on shares of ITV plc in a report on Tuesday, July 18th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 320 ($4.14) price target on shares of ITV plc in a report on Friday, August 25th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of ITV plc in a report on Tuesday, July 18th. Numis Securities Ltd cut their price target on ITV plc from GBX 230 ($2.97) to GBX 210 ($2.72) and set an “add” rating for the company in a report on Wednesday, July 26th. Finally, HSBC Holdings plc cut ITV plc to a “hold” rating and cut their price target for the company from GBX 230 ($2.97) to GBX 215 ($2.78) in a report on Thursday, June 1st.

WARNING: This piece was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at

In other news, insider Peter Bazalgette acquired 11,968 shares of the firm’s stock in a transaction on Friday, June 30th. The shares were purchased at an average cost of GBX 182 ($2.35) per share, for a total transaction of £21,781.76 ($28,170.93).

Shares of ITV plc (LON:ITV) traded up 2.55% during trading on Wednesday, reaching GBX 156.90. 28,381,120 shares of the company’s stock traded hands. The company has a 50 day moving average price of GBX 172.84 and a 200 day moving average price of GBX 193.98. The stock’s market capitalization is GBX 6.29 billion. ITV plc has a 1-year low of GBX 154.20 and a 1-year high of GBX 221.76.

The company also recently disclosed a dividend, which will be paid on Monday, November 27th. Shareholders of record on Thursday, October 26th will be given a GBX 2.52 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 26th. This represents a yield of 1.43%.

ITV plc Company Profile

ITV plc (ITV) is an integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. It operates through two segments: Broadcast & Online and ITV Studios. The Broadcast & Online segment operates the commercial family of channels in the United Kingdom and delivers content through television broadcasting.

Analyst Recommendations for ITV plc (LON:ITV)

Receive News & Stock Ratings for ITV plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV plc and related stocks with our FREE daily email newsletter.