ITV Stock Rating Reaffirmed by Societe Generale (ITV)
ITV (LON:ITV)‘s stock had its “hold” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Monday, AnalystRatings.NET reports. They currently have a GBX 220 ($3.62) price target on the stock. Societe Generale’s target price indicates a potential upside of 11.96% from the stock’s previous close.
A number of other analysts have also recently weighed in on ITV. Analysts at Nomura reiterated a “buy” rating on shares of ITV in a research note to investors on Friday. They now have a GBX 220 ($3.62) price target on the stock. Separately, 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 ($3.78) price target on the stock. Finally, 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 ($3.14) price target on the stock. Five analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company. ITV presently has a consensus rating of “Hold” and an average price target of GBX 201.85 ($3.32).
ITV (LON:ITV) traded down 0.61% during mid-day trading on Monday, hitting GBX 195.30. 14,299,271 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 has a 50-day moving average of GBX 196.1 and a 200-day moving average of GBX 182.2. The company’s market cap is £7.619 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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