ITV plc (ITV) Rating Reiterated by Liberum Capital
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.
WARNING: This story was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was stolen and republished in violation of United States & international copyright and trademark law. The legal version of this story can be read at https://www.thecerbatgem.com/2017/10/03/itv-plc-itv-rating-reiterated-by-liberum-capital.html.
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.
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.