ITV plc (ITV) Earns “Buy” Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of ITV plc (LON:ITV) in a research report report published on Tuesday.

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).

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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.

Analyst Recommendations for ITV plc (LON:ITV)

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