ITV plc Receives Average Rating of “Hold” from Brokerages (LON:ITV)
Shares of ITV plc (LON:ITV) have earned an average rating of “Hold” from the twenty-five analysts that are presently covering the stock, AnalystRatings.NET reports. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 219.38 ($3.63).
ITV has been the subject of a number of 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 ($4.22) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of ITV plc in a research note on Monday, August 18th. They now have a GBX 250 ($4.14) price target on the stock. Finally, analysts at Westhouse Securities raised their price target on shares of ITV plc from GBX 220 ($3.64) to GBX 228 ($3.77) in a research note on Friday, August 8th. They now have an “add” rating on the stock.
Shares of ITV plc (LON:ITV) opened at 209.10 on Thursday. ITV plc has a one year low of GBX 159.80 and a one year high of GBX 212.90. The stock’s 50-day moving average is GBX 198.8 and its 200-day moving average is GBX 191.2. The company’s market cap is £8.370 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 Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.