ITV (LON:ITV)‘s stock had its “add” rating reiterated by equities research analysts at Numis Securities in a research note issued on Thursday. They currently have a GBX 190 ($2.63) price objective on the broadcaster’s stock. Numis Securities’ price target would suggest a potential upside of 11.40% from the stock’s current price.
Other research analysts have also issued research reports about the company. Liberum Capital restated a “buy” rating and issued a GBX 330 ($4.56) price objective on shares of ITV in a report on Monday, November 27th. Shore Capital reiterated a “buy” rating on shares of ITV in a report on Tuesday, November 14th. Finally, Citigroup reiterated a “buy” rating on shares of ITV in a report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 203.60 ($2.81).
ITV (ITV) opened at GBX 170.55 ($2.36) on Thursday. The firm has a market capitalization of $6,870.00 and a price-to-earnings ratio of 1,705.50. ITV has a fifty-two week low of GBX 142.80 ($1.97) and a fifty-two week high of GBX 221.76 ($3.06).
In other ITV news, insider Roger Faxon acquired 1,950 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The stock was purchased at an average cost of GBX 164 ($2.27) per share, with a total value of £3,198 ($4,418.35). Also, insider Mary Harris acquired 2,013 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were acquired at an average cost of GBX 167 ($2.31) per share, with a total value of £3,361.71 ($4,644.53).
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ITV Company Profile
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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