ITV plc’s Outperform Rating Reaffirmed at Credit Suisse (ITV)
ITV plc (LON:ITV)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse in a report issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 250 ($4.19) price target on the stock. Credit Suisse’s target price would suggest a potential upside of 20.37% from the stock’s previous close.
Shares of ITV plc (LON:ITV) opened at 205.10 on Thursday. ITV plc has a one year low of GBX 116.10 and a one year high of GBX 210.70. The stock has a 50-day moving average of GBX 201.0 and a 200-day moving average of GBX 185.9. The company’s market cap is £8.001 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ITV plc in a research note on Thursday. They now have a GBX 243 ($4.07) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of ITV plc in a research note on Tuesday. They now have a GBX 205 ($3.44) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of ITV plc in a research note on Friday, February 7th. They now have a GBX 195 ($3.27) price target on the stock. Five equities research 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. The company has a consensus rating of “Hold” and a consensus target price of GBX 206.77 ($3.47).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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