ITV plc Given Buy Rating at Liberum Capital (ITV)
ITV plc (LON:ITV)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 255 ($4.26) price target on the stock. Liberum Capital’s price target would suggest a potential upside of 21.89% from the stock’s previous close.
A number of other firms have also recently commented on ITV. 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 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 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 has a consensus rating of “Hold” and a consensus target price of GBX 219.38 ($3.67).
Shares of ITV plc (LON:ITV) traded up 0.05% on Friday, hitting GBX 209.60. The stock had a trading volume of 3,069,897 shares. ITV plc has a 52-week low of GBX 159.80 and a 52-week high of GBX 212.90. The stock has a 50-day moving average of GBX 198.0 and a 200-day moving average of GBX 191.1. The company’s market cap is £8.390 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 Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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