ITV plc (LON:ITV) insider Mary Harris bought 3,622 shares of ITV stock in a transaction on Tuesday, June 30th. The stock was purchased at an average price of GBX 74 ($0.91) per share, for a total transaction of £2,680.28 ($3,298.40).
Shares of LON ITV opened at GBX 74.68 ($0.92) on Wednesday. The company has a market capitalization of $3.01 billion and a price-to-earnings ratio of 6.33. ITV plc has a twelve month low of GBX 50.06 ($0.62) and a twelve month high of GBX 165.90 ($2.04). The business has a 50 day simple moving average of GBX 78.09 and a 200-day simple moving average of GBX 103.31. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 131.44.
Several equities analysts recently issued reports on the stock. Liberum Capital reissued a “buy” rating on shares of ITV in a research note on Monday, March 23rd. Morgan Stanley reissued an “equal weight” rating on shares of ITV in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of ITV in a research report on Thursday, May 7th. Berenberg Bank reduced their target price on ITV from GBX 120 ($1.48) to GBX 88 ($1.08) and set a “hold” rating on the stock in a research report on Wednesday, March 25th. Finally, Barclays lifted their price target on ITV from GBX 75 ($0.92) to GBX 80 ($0.98) and gave the company an “equal weight” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. ITV presently has a consensus rating of “Buy” and an average price target of GBX 123.09 ($1.51).
ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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