Itv (LON:ITV) Rating Reaffirmed
London: In analysts report revealed on Thursday, 3 December, Nomura maintained their Buy rating on Itv (LON:ITV) shares. They now have a GBX 320.00 Estimated Target Price on the firm. Nomura’s target could mean a potential upside of 17.17% from the company’s stock close price.
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 5.57% above today’s (GBX 272.3) 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 2.79 million 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 is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.96 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.81 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.