ITV plc (LON:ITV)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research note issued on Tuesday. They presently have a GBX 330 ($4.38) price target on the broadcaster’s stock. Liberum Capital’s target price would suggest a potential upside of 90.42% from the company’s previous close.

A number of other research analysts have also recently issued reports on ITV. Shore Capital reissued a “buy” rating on shares of ITV plc in a research report on Monday. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a GBX 224 ($2.97) price objective on shares of ITV plc in a research note on Friday, September 22nd. Macquarie cut shares of ITV plc to an “underperform” rating and cut their price objective for the stock from GBX 200 ($2.65) to GBX 110 ($1.46) in a report on Wednesday, September 13th. Kepler Capital Markets cut their price objective on shares of ITV plc from GBX 200 ($2.65) to GBX 175 ($2.32) and set a “reduce” rating on the stock in a report on Thursday, July 27th. Finally, Numis Securities Ltd decreased their target price on shares of ITV plc from GBX 230 ($3.05) to GBX 210 ($2.79) and set an “add” rating for the company in a research note on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the stock. ITV plc currently has a consensus rating of “Hold” and a consensus price target of GBX 207.71 ($2.76).

ITV plc (LON ITV) opened at 173.30 on Tuesday. The company’s market cap is GBX 6.95 billion. ITV plc has a 12-month low of GBX 152.40 and a 12-month high of GBX 221.76. The stock has a 50 day moving average price of GBX 163.13 and a 200-day moving average price of GBX 185.68.

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In other ITV plc news, insider Mary Harris purchased 1,945 shares of the firm’s stock in a transaction on Friday, September 29th. The shares were acquired at an average cost of GBX 172 ($2.28) per share, for a total transaction of £3,345.40 ($4,437.46).

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)

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