ITV plc Price Target Raised to GBX 205 at Deutsche Bank (ITV)
Deutsche Bank lifted their price objective on shares of ITV plc (LON:ITV) from GBX 195 ($3.33) to GBX 205 ($3.50) in a research note issued on Monday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 0.34% from the stock’s previous close.
ITV plc (LON:ITV) traded up 0.89% during mid-day trading on Monday, hitting GBX 204.30. 23,221,288 shares of the company’s stock traded hands. ITV plc has a 52 week low of GBX 154.80 and a 52 week high of GBX 211.00. The stock has a 50-day moving average of GBX 179.3 and a 200-day moving average of GBX 190.0. The company’s market cap is £8.179 billion.
A number of other firms have also recently commented on ITV. Analysts at Berenberg Bank reiterated a “hold” rating on shares of ITV plc in a research note on Friday. They now have a GBX 180 ($3.08) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of ITV plc in a research note on Thursday. They now have a GBX 250 ($4.27) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of ITV plc in a research note on Thursday. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 218.77 ($3.74).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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