ITV plc Stock Rating Reaffirmed by Sanford C. Bernstein (ITV)
ITV plc (LON:ITV)‘s stock had its “market perform” rating reaffirmed by stock analysts at Sanford C. Bernstein in a report issued on Thursday. They currently have a GBX 175 ($2.98) price objective on the stock. Sanford C. Bernstein’s target price suggests a potential downside of 2.23% from the stock’s previous close.
ITV plc (LON:ITV) opened at 180.40 on Thursday. ITV plc has a 52-week low of GBX 142.50 and a 52-week high of GBX 211.00. The stock’s 50-day moving average is GBX 177.4 and its 200-day moving average is GBX 190.4. The company’s market cap is £7.223 billion.
A number of other firms have also recently commented on ITV. 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 ($4.34) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of ITV plc in a research note on Monday, June 23rd. They now have a GBX 232 ($3.95) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company. ITV plc has an average rating of “Hold” and an average price target of GBX 214.04 ($3.65).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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