ITV’s (ITV) Overweight Rating Reiterated at Barclays

Barclays reaffirmed their overweight rating on shares of ITV (LON:ITV) in a research note issued to investors on Monday. Barclays currently has a GBX 200 ($2.81) price objective on the broadcaster’s stock.

Other equities analysts also recently issued research reports about the company. Liberum Capital restated a buy rating and set a GBX 330 ($4.63) target price on shares of ITV in a research report on Monday, January 15th. Kepler Capital Markets restated a hold rating and set a GBX 175 ($2.46) target price on shares of ITV in a research report on Wednesday, November 15th. Deutsche Bank restated a hold rating and set a GBX 180 ($2.53) target price on shares of ITV in a research report on Wednesday, November 15th. Shore Capital restated a buy rating on shares of ITV in a research report on Thursday, January 25th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 210 ($2.95) target price on shares of ITV in a research report on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of GBX 206.41 ($2.90).

ITV (LON ITV) opened at GBX 167 ($2.35) on Monday. The company has a market capitalization of $6,720.00 and a P/E ratio of 1,670.00. ITV has a 52-week low of GBX 142.80 ($2.01) and a 52-week high of GBX 221.76 ($3.11).

In other ITV news, insider Mary Harris acquired 2,013 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was purchased at an average price of GBX 167 ($2.35) per share, for a total transaction of £3,361.71 ($4,720.84). Also, insider Roger Faxon acquired 1,950 shares of the business’s stock in a transaction on Friday, December 29th. The stock was acquired at an average price of GBX 164 ($2.30) per share, with a total value of £3,198 ($4,490.94).

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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.

Analyst Recommendations for ITV (LON:ITV)

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