ITV (ITV) Trading 0% Higher

ITV plc (LON:ITV) shares shot up 0% during trading on Wednesday . The stock traded as high as GBX 166.55 ($2.30) and last traded at GBX 165.40 ($2.29). 13,560,217 shares changed hands during trading, a decline of 7% from the average session volume of 14,620,000 shares. The stock had previously closed at GBX 165.40 ($2.29).

Several research firms have recently commented on ITV. Liberum Capital reiterated a “buy” rating and set a GBX 330 ($4.56) price target on shares of ITV in a report on Monday. Deutsche Bank reiterated a “hold” rating and set a GBX 180 ($2.49) price target on shares of ITV in a report on Wednesday, January 31st. Barclays reiterated an “overweight” rating and set a GBX 200 ($2.76) price target on shares of ITV in a report on Monday, January 29th. Societe Generale reiterated a “sell” rating and set a GBX 150 ($2.07) price target on shares of ITV in a report on Friday, January 26th. Finally, Shore Capital reiterated a “buy” rating on shares of ITV in a report on Thursday, January 25th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 205.06 ($2.83).

The stock has a market capitalization of $6,660.00 and a P/E ratio of 1,654.00.

In related news, insider Mary Harris acquired 2,013 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was acquired at an average cost of GBX 167 ($2.31) per share, with a total value of £3,361.71 ($4,644.53). Also, insider Roger Faxon acquired 1,950 shares of the stock in a transaction dated Friday, December 29th. The shares were bought at an average cost of GBX 164 ($2.27) per share, with a total value of £3,198 ($4,418.35).

ILLEGAL ACTIVITY NOTICE: “ITV (ITV) Trading 0% Higher” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2018/02/14/itv-itv-trading-0-higher.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.

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.

Leave a Reply