Breaking: AlphaValue Keeps GBX 264 TP On ITV (LON:ITV) Shares, Keeps Their Original “Reduce” Rating

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ITV (LON:ITV) Rating Reaffirmed

They currently have a GBX 264 Estimated Target Price on ITV (LON:ITV). The target price by AlphaValue would suggest a potential downside of -3.58% from the company’s last stock price. This has been announced in analysts note on 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 5.38% above today’s (GBX 272.8) 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.

Approximately 1.88M 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.

Breaking: AlphaValue Keeps GBX 264 TP On ITV (LON:ITV) Shares, Keeps Their Original

ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.98 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.85 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.

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