ITV plc Receives Hold Rating from Investec (ITV)
ITV plc (LON:ITV)‘s stock had its “hold” rating reiterated by investment analysts at Investec in a note issued to investors on Wednesday. They currently have a GBX 215 ($3.65) price target on the stock. Investec’s price objective indicates a potential upside of 4.88% from the stock’s previous close.
ITV has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of ITV plc in a research note on Wednesday. They now have a GBX 232 ($3.94) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of ITV plc in a research note on Wednesday. They now have a GBX 205 ($3.48) price target on the stock. Finally, analysts at Kepler Capital Markets reiterated a “hold” rating on shares of ITV plc in a research note on Tuesday. They now have a GBX 205 ($3.48) price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the stock. ITV plc currently has an average rating of “Hold” and an average price target of GBX 218.67 ($3.71).
ITV plc (LON:ITV) traded down 0.93% on Wednesday, hitting GBX 203.10. The stock had a trading volume of 15,107,001 shares. ITV plc has a one year low of GBX 156.30 and a one year high of GBX 211.00. The stock has a 50-day moving average of GBX 183.6 and a 200-day moving average of GBX 190.4. The company’s market cap is £8.131 billion.
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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