ITV (LON:ITV)‘s stock had its “equal weight” rating restated by Morgan Stanley in a research report issued on Monday, ThisIsMoney.Co.Uk reports.

Several other brokerages have also weighed in on ITV. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 125 ($1.63) target price on shares of ITV in a research report on Wednesday, September 11th. UBS Group reiterated a “neutral” rating and set a GBX 130 ($1.70) price target (up from GBX 125 ($1.63)) on shares of ITV in a report on Friday, November 8th. Shore Capital reissued a “hold” rating on shares of ITV in a research note on Wednesday, November 6th. Bank of America reissued an “underperform” rating on shares of ITV in a research note on Tuesday, September 3rd. Finally, Barclays dropped their price objective on ITV from GBX 130 ($1.70) to GBX 125 ($1.63) and set an “equal weight” rating on the stock in a report on Thursday, July 25th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. ITV has a consensus rating of “Hold” and an average price target of GBX 147.15 ($1.92).

ITV traded down GBX 0.50 ($0.01) during trading on Monday, reaching GBX 132.85 ($1.74). 7,125,262 shares of the stock traded hands, compared to its average volume of 19,490,000. The stock has a market cap of $5.35 billion and a price-to-earnings ratio of 11.97. ITV has a fifty-two week low of GBX 102.65 ($1.34) and a fifty-two week high of GBX 161.30 ($2.11). The company has a debt-to-equity ratio of 181.11, a current ratio of 0.97 and a quick ratio of 0.72. The stock’s 50-day simple moving average is GBX 130.92 and its two-hundred day simple moving average is GBX 118.72.

In other ITV news, insider Salman Amin acquired 12,800 shares of ITV stock in a transaction that occurred on Wednesday, September 18th. The stock was acquired at an average price of GBX 125 ($1.63) per share, with a total value of £16,000 ($20,906.83). Also, insider Mary Harris acquired 2,672 shares of ITV stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average cost of GBX 126 ($1.65) per share, with a total value of £3,366.72 ($4,399.22). In the last ninety days, insiders purchased 23,551 shares of company stock valued at $3,035,416.

About ITV

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.

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Analyst Recommendations for ITV (LON:ITV)

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