ITV plc (LON:ITV) has been given a consensus rating of “Buy” by the sixteen brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 202.43 ($2.80).
A number of research firms have commented on ITV. Barclays reissued 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 reissued a “sell” rating and set a GBX 150 ($2.07) price target on shares of ITV in a report on Friday, January 26th. Citigroup reissued a “buy” rating and set a GBX 220 ($3.04) price target on shares of ITV in a report on Wednesday. Morgan Stanley reissued an “overweight” rating and set a GBX 230 ($3.18) price target on shares of ITV in a report on Wednesday. Finally, Liberum Capital reissued a “buy” rating and set a GBX 330 ($4.56) price target on shares of ITV in a report on Monday, January 8th.
In other ITV news, insider Mary Harris bought 2,013 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was acquired at an average price of GBX 167 ($2.31) per share, for a total transaction of £3,361.71 ($4,644.53). Also, insider Roger Faxon bought 1,950 shares of the company’s stock in a transaction on Friday, December 29th. The shares were acquired at an average price of GBX 164 ($2.27) per share, with a total value of £3,198 ($4,418.35).
ITV (LON ITV) traded up GBX 0.90 ($0.01) during trading hours on Wednesday, reaching GBX 172.25 ($2.38). The company’s stock had a trading volume of 12,195,749 shares, compared to its average volume of 13,940,000. The company has a market capitalization of $6,930.00 and a PE ratio of 1,722.50. ITV has a twelve month low of GBX 142.80 ($1.97) and a twelve month high of GBX 221.76 ($3.06).
TRADEMARK VIOLATION WARNING: “ITV plc (ITV) Receives Consensus Rating of “Buy” from Brokerages” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/21/itv-plc-itv-receives-consensus-rating-of-buy-from-brokerages.html.
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.