ITV plc Receives “Buy” Rating from Liberum Capital (ITV)
ITV plc (LON:ITV)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 255 ($4.23) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 20.74% from the company’s current price.
Shares of ITV plc (LON:ITV) opened at 216.10 on Monday. ITV plc has a 52-week low of GBX 163.80 and a 52-week high of GBX 212.90. The stock’s 50-day moving average is GBX 202.8 and its 200-day moving average is GBX 191.6. The company’s market cap is £8.650 billion.
The company also recently announced a dividend, which is scheduled for Monday, December 1st. Shareholders 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.
A number of other analysts have also recently weighed in on ITV. 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 ($4.15) price target on the stock. Separately, analysts at Westhouse Securities raised their price target on shares of ITV plc from GBX 220 ($3.65) to GBX 228 ($3.78) 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 ($4.31) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 219.38 ($3.64).
ITV Public Company Limited (LON:ITV) is a commercial television network in the United Kingdom.
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