ITV Stock Rating Upgraded by Westhouse Securities (ITV)
ITV (LON:ITV) was upgraded by equities research analysts at Westhouse Securities from a “neutral” rating to an “add” rating in a research note issued to investors on Tuesday, AnalystRatings.Net reports. The firm currently has a GBX 195 ($3.05) price target on the stock, up from their previous price target of GBX 167 ($2.61). Westhouse Securities’ price objective would suggest a potential upside of 9.92% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of ITV (LON:ITV) from GBX 180 ($2.81) to GBX 220 ($3.44) in a research note to investors on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of ITV (LON:ITV) in a research note to investors on Friday, August 23rd. They now have a GBX 200 ($3.13) price target on the stock. Finally, analysts at AlphaValue reiterated a “sell” rating on shares of ITV (LON:ITV) in a research note to investors on Thursday, August 22nd. They now have a GBX 136 ($2.13) price target on the stock.
Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and fifteen have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 153.82 ($2.40).
ITV (LON:ITV) traded up 2.03% on Tuesday, hitting GBX 181.00. The stock had a trading volume of 12,624,346 shares. ITV has a 52 week low of GBX 84.00 and a 52 week high of GBX 177.40. The stock’s 50-day moving average is GBX 164.6 and its 200-day moving average is GBX 140.. The company’s market cap is £7.061 billion.
ITV plc is a commercial television network in the United Kingdom. It has two segments: ITV Studios and Broadcasting & Online’ segment.
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