ITV plc Stock Rating Reaffirmed by Liberum Capital (ITV)
ITV plc (LON:ITV)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 255 ($4.29) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 26.36% from the company’s current price.
Shares of ITV plc (LON:ITV) remained flat at GBX 201.80 during trading on Friday. 9,747,968 shares of the company’s stock traded hands. ITV plc has a 1-year low of GBX 156.30 and a 1-year high of GBX 211.00. The stock’s 50-day moving average is GBX 189.7 and its 200-day moving average is GBX 190.6. The company’s market cap is £8.078 billion.
The company also recently announced a dividend, which is scheduled for Monday, December 1st. Investors of record on Thursday, October 30th will be paid a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, October 30th.
ITV has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Barclays raised their price target on shares of ITV plc from GBX 200 ($3.37) to GBX 205 ($3.45) in a research note on Thursday, July 31st. They now have an “equal weight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price 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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