ITV plc Given “Buy” Rating at Liberum Capital (ITV)
ITV plc (LON:ITV)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Wednesday. They currently have a GBX 255 ($4.37) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 43.50% from the stock’s previous close.
Shares of ITV plc (LON:ITV) remained flat at GBX 177.70 during during mid-day trading trading on Wednesday. The stock had a trading volume of 8,561,259 shares. ITV plc has a 52-week low of GBX 148.80 and a 52-week high of GBX 211.00. The stock’s 50-day moving average is GBX 177.9 and its 200-day moving average is GBX 190.3. The company’s market cap is £7.114 billion.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of ITV plc in a research note on Thursday, July 3rd. They now have a GBX 175 ($3.00) 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 ($3.98) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. ITV plc has an average rating of “Hold” and an average price target of GBX 214.04 ($3.67).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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