ITV plc Receives Average Recommendation of “Hold” from Brokerages (LON:ITV)
ITV plc (LON:ITV) has received an average rating of “Hold” from the twenty-five analysts that are currently covering the company, Analyst Ratings News reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 219.38 ($3.67).
ITV plc (LON:ITV) opened at 208.10 on Thursday. ITV plc has a 1-year low of GBX 159.80 and a 1-year high of GBX 212.90. The stock has a 50-day moving average of GBX 197.2 and a 200-day moving average of GBX 191.0. The company’s market cap is £8.330 billion.
The company also recently declared a dividend, which is scheduled for Monday, December 1st. Shareholders 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 recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of ITV plc in a research note on Monday. They now have a GBX 250 ($4.18) price target on the stock. Separately, 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. Finally, 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.
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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