ITV Rating Reiterated by Numis Securities Ltd (ITV)
ITV (LON:ITV)‘s stock had its “buy” rating restated by stock analysts at Numis Securities Ltd in a report issued on Monday, AnalystRatings.Net reports. They currently have a GBX 243 ($4.00) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 19.82% from the stock’s previous close.
A number of other firms have also recently commented on ITV. Analysts at Morgan Stanley raised their price target on shares of ITV from GBX 185 ($3.05) to GBX 235 ($3.87) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of ITV in a research note to investors on Wednesday, January 8th. They now have a GBX 155 ($2.55) price target on the stock. Finally, analysts at Jefferies Group upgraded shares of ITV to a “buy” rating in a research note to investors on Tuesday, January 7th. They now have a GBX 231 ($3.81) price target on the stock, up previously from GBX 110 ($1.81). Five analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 193.35 ($3.19).
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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