ITV plc Receives Outperform Rating from Credit Suisse (ITV)
ITV plc (LON:ITV)‘s stock had its “outperform” rating reissued by equities researchers at Credit Suisse in a research report issued on Monday. They currently have a GBX 250 ($4.18) price target on the stock. Credit Suisse’s price target would suggest a potential upside of 20.48% from the stock’s previous close.
ITV plc (LON:ITV) remained flat at GBX 207.50 during trading on Monday. The stock had a trading volume of 5,894,012 shares. ITV plc has a 52-week low of GBX 156.80 and a 52-week high of GBX 211.00. The stock’s 50-day moving average is GBX 195.8 and its 200-day moving average is GBX 190.8. The company’s market cap is £8.306 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.
A number of other firms have also recently commented on ITV. Analysts at Westhouse Securities raised their price target on shares of ITV plc from GBX 220 ($3.68) to GBX 228 ($3.81) in a research note on Friday, August 8th. They now have an “add” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of ITV plc in a research note on Friday, August 8th. They now have a GBX 255 ($4.26) price target on the stock. Finally, 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 ($4.35) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 219.38 ($3.67).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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