ITV Given Buy Rating at Liberum Capital (ITV)
ITV (LON:ITV)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Wednesday, Stock Ratings News reports. They currently have a GBX 255 ($4.13) target price on the stock. Liberum Capital’s price objective indicates a potential upside of 33.51% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of ITV in a research note to investors on Tuesday, October 29th. They now have a GBX 200 ($3.24) price target on the stock. Separately, analysts at Berenberg Bank downgraded shares of ITV to a “sell” rating in a research note to investors on Tuesday, October 29th. They now have a GBX 155 ($2.51) price target on the stock, up previously from GBX 91 ($1.47). Finally, analysts at Deutsche Bank raised their price target on shares of ITV from GBX 150 ($2.43) to GBX 165 ($2.67) in a research note to investors on Monday, October 28th. They now have a “hold” rating on the stock. Five analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the stock. ITV currently has a consensus rating of “Hold” and an average target price of GBX 170.46 ($2.76).
ITV (LON:ITV) opened at 191.00 on Wednesday. ITV has a 52-week low of GBX 84.00 and a 52-week high of GBX 197.458. The stock has a 50-day moving average of GBX 184.4 and a 200-day moving average of GBX 155.8. The company’s market cap is £7.451 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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