Brokerages Set ITV plc (ITV) PT at $187.62

Shares of ITV plc (LON:ITV) have earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the firm, reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 187.62 ($2.69).

A number of equities research analysts have recently weighed in on ITV shares. Liberum Capital reiterated a “buy” rating and issued a GBX 330 ($4.73) price target on shares of ITV in a report on Monday, January 15th. Barclays reiterated an “overweight” rating and issued a GBX 200 ($2.86) price target on shares of ITV in a report on Monday, January 29th. Shore Capital reiterated a “buy” rating on shares of ITV in a report on Thursday, January 25th. HSBC downgraded ITV to a “hold” rating and set a GBX 180 ($2.58) price target for the company. in a report on Thursday, March 1st. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 210 ($3.01) price target on shares of ITV in a report on Wednesday, January 24th.

How to Become a New Pot Stock Millionaire

In other ITV news, insider Carolyn McCall purchased 96,583 shares of ITV stock in a transaction on Friday, March 2nd. The stock was bought at an average price of GBX 154 ($2.21) per share, for a total transaction of £148,737.82 ($212,969.39).

Shares of LON ITV remained flat at $GBX 143.85 ($2.06) during trading on Thursday. The stock had a trading volume of 11,378,311 shares, compared to its average volume of 19,490,000. ITV has a 1-year low of GBX 142.80 ($2.04) and a 1-year high of GBX 221.76 ($3.18).

ITV (LON:ITV) last issued its quarterly earnings results on Wednesday, February 28th. The broadcaster reported GBX 16 ($0.23) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 15.70 ($0.22) by GBX 0.30 ($0.00). ITV had a return on equity of 73.04% and a net margin of 12.37%. The business had revenue of GBX 313.20 billion during the quarter.

The business also recently disclosed a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 12th will be given a dividend of GBX 5.28 ($0.08) per share. The ex-dividend date is Thursday, April 12th. This represents a yield of 3.4%. This is a positive change from ITV’s previous dividend of $2.52.

COPYRIGHT VIOLATION WARNING: “Brokerages Set ITV plc (ITV) PT at $187.62” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at

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.

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's FREE daily email newsletter.

Leave a Reply