ITV plc (ITV) Trading 0% Higher
ITV plc (LON:ITV)’s share price traded up 0% on Tuesday . The stock traded as high as GBX 157 ($2.06) and last traded at GBX 158.30 ($2.08). 18,663,402 shares changed hands during trading, an increase of 27% from the average session volume of 14,740,000 shares. The stock had previously closed at GBX 158.30 ($2.08).
Several equities analysts recently weighed in on the company. Shore Capital reiterated a “buy” rating on shares of ITV plc in a research report on Monday, October 2nd. Deutsche Bank AG reiterated a “hold” rating and set a GBX 180 ($2.37) target price on shares of ITV plc in a research report on Tuesday, July 18th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of ITV plc in a research report on Tuesday, July 18th. Liberum Capital reiterated a “buy” rating and set a GBX 320 ($4.21) target price on shares of ITV plc in a research report on Wednesday, August 9th. Finally, Numis Securities Ltd reduced their target price on ITV plc from GBX 230 ($3.03) to GBX 210 ($2.76) and set an “add” rating on the stock in a research report on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. ITV plc presently has a consensus rating of “Hold” and an average price target of GBX 208.19 ($2.74).
In other news, insider Mary Harris bought 1,945 shares of ITV plc stock in a transaction on Friday, September 29th. The shares were bought at an average price of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).
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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.
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