ITV (LON:ITV)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 330 ($4.48) price target on the broadcaster’s stock. Liberum Capital’s price target points to a potential upside of 96.43% from the stock’s previous close.

Other analysts also recently issued reports about the company. upgraded ITV to a “buy” rating and increased their price target for the company from GBX 200 ($2.71) to GBX 210 ($2.85) in a report on Monday, October 16th. Shore Capital reiterated a “buy” rating on shares of ITV in a report on Monday, October 2nd. Goldman Sachs Group reiterated a “buy” rating and issued a GBX 224 ($3.04) price target on shares of ITV in a report on Friday, September 22nd. Citigroup reiterated a “buy” rating on shares of ITV in a report on Monday, November 13th. Finally, Deutsche Bank reiterated a “hold” rating and issued a GBX 180 ($2.44) price target on shares of ITV in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. ITV currently has a consensus rating of “Buy” and an average target price of GBX 208.28 ($2.82).

Shares of ITV (LON:ITV) opened at GBX 168 ($2.28) on Monday. ITV has a twelve month low of GBX 142.80 ($1.94) and a twelve month high of GBX 221.76 ($3.01). The stock has a market capitalization of $6,760.00 and a price-to-earnings ratio of 1,680.00.

In related news, insider Roger Faxon purchased 1,950 shares of ITV stock in a transaction dated Friday, December 29th. The shares were acquired at an average price of GBX 164 ($2.22) per share, with a total value of £3,198 ($4,336.86). Also, insider Mary Harris bought 2,013 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was acquired at an average cost of GBX 167 ($2.26) per share, for a total transaction of £3,361.71 ($4,558.87).

ILLEGAL ACTIVITY WARNING: This news story was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.thecerbatgem.com/2018/01/15/itv-itv-stock-rating-reaffirmed-by-liberum-capital.html.

About ITV

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 (LON:ITV)

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