Reaffirmed: ITV PLC (LON:ITV) Outperform Rating Reaffirmed by equity analysts Bernstein; GBX 325.00 Target in Place

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ITV PLC (LON:ITV) Rating Reaffirmed

The equities firm has just set a Estimated Target Price of GBX 325.00 on ITV PLC (LON:ITV) shares. This is 19.27% from the last price. In analysts note finalized on 4 December, Bernstein maintained their Outperform rating on shares of ITV.

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 7.60% above today’s (GBX 267.6) stock price. ITV PLC was the topic of 79 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Reduce” rating. Bernstein maintained shares with “Outperform” rating and GBX 325 target share price in a report from a November 13. Morgan Stanley maintained ITV stock in a recent report from November 30 with “Overwt/Attractive” rating. Deutsche Bank maintained the rating on November 11. Deutsche Bank has a “Sell” rating and a GBX 220 price target on shares. Finally, BNP Paribas maintained the stock with “Neutral” rating in a report issued on a November 17.

Approximately 46,966 shares of stock traded hands. ITV plc (LON:ITV) has risen 6.51% since May 7, 2015 and is uptrending. It has outperformed by 9.29% the S&P500.

Reaffirmed: ITV PLC (LON:ITV) Outperform Rating Reaffirmed by equity analysts Bernstein; GBX 325.00 Target in Place

ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.57 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.45 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.

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