ITV plc Given New GBX 228 Price Target at Westhouse Securities (ITV)
Equities research analysts at Westhouse Securities upped their price objective on shares of ITV plc (LON:ITV) from GBX 220 ($3.70) to GBX 228 ($3.84) in a research note issued to investors on Friday. The firm currently has an “add” rating on the stock. Westhouse Securities’ target price suggests a potential upside of 12.98% from the stock’s previous close.
Shares of ITV plc (LON:ITV) opened at 199.40 on Friday. ITV plc has a one year low of GBX 156.30 and a one year high of GBX 211.00. The stock’s 50-day moving average is GBX 188.9 and its 200-day moving average is GBX 190.5. The company’s market cap is £7.982 billion.
The company also recently declared a dividend, which is scheduled for Monday, December 1st. Stockholders of record on Thursday, October 30th will be given a dividend of GBX 1.40 ($0.02) per share. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, October 30th.
ITV has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of ITV plc in a research note on Friday. They now have a GBX 255 ($4.29) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ITV plc in a research note on Thursday, July 31st. They now have a GBX 260 ($4.37) price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of ITV plc in a research note on Thursday, July 31st. They now have a GBX 240 ($4.04) price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 219.38 ($3.69).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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