ITV PLC (LON:ITV) “Buy” Rating Reaffirmed Today By Nomura; The Price Objective is GBX 320.00

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ITV PLC (LON:ITV) Rating Reaffirmed

ITV PLC (LON:ITV) just had their share rating of a ‘”Buy”‘ issued by research analysts at Nomura, who now has a GBX 320.00 target PPS on the 10.97B GBP market cap company or a 17.43% upside potential. This key information was released in analysts report on Thursday, 3 December.

From a total of 22 analysts covering ITV PLC (LON:ITV) stock, 14 rate it a ”Buy”, 3 a “Sell”, and 7 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is GBX 330 while the lowest target price is GBX 194. The mean of all analyst targets is GBX 286.09 with a 5.48% above today’s (GBX 272.53) stock price. ITV PLC was the topic of 78 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Buy” rating. Deutsche Bank maintained shares with “Sell” rating and GBX 220 target share price in a report from a November 11. Liberum Capital maintained ITV stock in a recent report from November 25 with “Buy” rating. Barclays Capital maintained the rating on November 11. Barclays Capital has a “Equal Weight” rating and a GBX 250 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a November 13.

The stock increased 0.01% or GBX 0.03 on December 2, striking GBX 272.53. Approximately shares of stock traded hands. ITV plc (LON:ITV) has risen 9.35% since May 6, 2015 and is uptrending. It has outperformed by 9.64% the S&P500.

ITV PLC (LON:ITV)

ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.97 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.83 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.

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