ITV Stock Rating Reaffirmed by Nomura (ITV)
ITV (LON:ITV)‘s stock had its “buy” rating reiterated by analysts at Nomura in a research report issued to clients and investors on Friday, Stock Ratings News reports. They currently have a GBX 220 ($3.62) price target on the stock. Nomura’s price objective would suggest a potential upside of 11.96% from the stock’s previous close.
Shares of ITV (LON:ITV) traded down 2.63% on Friday, hitting GBX 196.50. 17,507,156 shares of the company’s stock traded hands. ITV has a 52 week low of GBX 112.872 and a 52 week high of GBX 209.80. The stock’s 50-day moving average is GBX 195.3 and its 200-day moving average is GBX 181.. The company’s market cap is £7.665 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG reiterated a “buy” rating on shares of ITV in a research note to investors on Thursday. They now have a GBX 230 ($3.79) price target on the stock. Separately, analysts at Citigroup Inc. downgraded shares of ITV to a “sell” rating in a research note to investors on Monday, January 27th. They now have a GBX 191 ($3.15) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of ITV in a research note to investors on Wednesday, January 15th. They now have a GBX 250 ($4.12) price target on the stock. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 200.98 ($3.31).
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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