ITV plc (ITV) Given Hold Rating at Deutsche Bank AG
Deutsche Bank AG reiterated their hold rating on shares of ITV plc (LON:ITV) in a research report sent to investors on Wednesday morning. Deutsche Bank AG currently has a GBX 180 ($2.37) price objective on the broadcaster’s stock.
Several other brokerages also recently commented on ITV. Kepler Capital Markets dropped their target price on ITV plc from GBX 200 ($2.63) to GBX 175 ($2.30) and set a reduce rating on the stock in a report on Thursday, July 27th. Credit Suisse Group reiterated an outperform rating on shares of ITV plc in a report on Friday, July 21st. Liberum Capital reiterated a buy rating and set a GBX 330 ($4.34) target price on shares of ITV plc in a report on Monday, October 9th. J P Morgan Chase & Co reiterated a neutral rating on shares of ITV plc in a report on Tuesday, July 18th. Finally, dropped their target price on ITV plc from GBX 215 ($2.83) to GBX 200 ($2.63) and set a hold rating on the stock in a report on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 211.68 ($2.78).
Shares of ITV plc (LON ITV) traded down GBX 0.30 ($0.00) during trading hours on Wednesday, hitting GBX 150.30 ($1.98). The company had a trading volume of 17,585,523 shares, compared to its average volume of 18,410,000. ITV plc has a 1-year low of GBX 142.80 ($1.88) and a 1-year high of GBX 221.76 ($2.92).
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In related news, insider Mary Harris purchased 1,945 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were acquired at an average price of GBX 172 ($2.26) per share, with a total value of £3,345.40 ($4,400.11).
About ITV plc
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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