Other analysts have also recently issued research reports about the stock. Kepler Capital Markets reduced their price target on shares of ITV plc from GBX 200 ($2.63) to GBX 175 ($2.30) and set a reduce rating on the stock in a research report on Thursday, July 27th. Credit Suisse Group reissued an outperform rating on shares of ITV plc in a research report on Friday, July 21st. Liberum Capital reissued a buy rating and set a GBX 330 ($4.34) price target on shares of ITV plc in a research report on Monday, October 9th. Deutsche Bank AG reissued a hold rating and set a GBX 180 ($2.37) price target on shares of ITV plc in a research report on Tuesday, July 18th. Finally, J P Morgan Chase & Co reissued a neutral rating on shares of ITV plc in a research report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. ITV plc currently has a consensus rating of Hold and a consensus target price of GBX 211.68 ($2.78).
Shares of ITV plc (LON:ITV) traded down GBX 1.09 ($0.01) during mid-day trading on Tuesday, reaching GBX 149.21 ($1.96). 26,360,000 shares of the company’s stock traded hands, compared to its average volume of 18,500,000. ITV plc has a one year low of GBX 142.80 ($1.88) and a one year high of GBX 221.76 ($2.92).
In related news, insider Mary Harris purchased 1,945 shares of the company’s stock in a transaction on Friday, September 29th. The shares were bought at an average cost of GBX 172 ($2.26) per share, for a total transaction of £3,345.40 ($4,400.11).
About ITV plc
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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