ITV plc’s “Hold” Rating Reaffirmed at Oriel Securities Ltd (ITV)
ITV plc (LON:ITV)‘s stock had its “hold” rating reaffirmed by research analysts at Oriel Securities Ltd in a report released on Tuesday, Analyst Ratings Net reports. They currently have a GBX 180 ($2.99) target price on the stock. Oriel Securities Ltd’s target price would indicate a potential downside of 11.68% from the stock’s previous close.
A number of other firms have also recently commented on ITV. Analysts at BNP Paribas reiterated an “outperform” rating on shares of ITV plc in a research note on Monday. They now have a GBX 230 ($3.83) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of ITV plc in a research note on Monday. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of ITV plc in a research note on Monday. They now have a GBX 255 ($4.24) price target on the stock. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 205.86 ($3.42).
ITV plc (LON:ITV) opened at 203.60 on Tuesday. ITV plc has a 52 week low of GBX 116.10 and a 52 week high of GBX 211.00. The stock has a 50-day moving average of GBX 202.1 and a 200-day moving average of GBX 186.7. The company’s market cap is £7.942 billion.
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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