ITV PLC (LON:ITV) Rating Reaffirmed
Recently, In a comprehensive report disseminated on Monday morning, ITV PLC (LON:ITV) shares have had their Buy Rating reconfirmed by equity analysts at Liberum Capital, who currently has a GBX 330.00 target PPS on firm. This target by Liberum Capital gives the possibile upside of 21.03% from the current 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 287 with a 5.40% above today’s (GBX 273.2) stock price. ITV PLC was the topic of 80 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 4 with “Outperform” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 260 target share price in a report from a November 17. Nomura maintained ITV stock in a recent report from December 3 with “Buy” rating. Deutsche Bank maintained the rating on November 11. Deutsche Bank has a “Sell” rating and a GBX 220 price target on shares. Finally, Liberum Capital maintained the stock with “Buy” rating in a report issued on a November 25.
Approximately 1.11M shares of stock traded hands. ITV plc (LON:ITV) has risen 2.76% since May 8, 2015 and is uptrending. It has outperformed by 3.84% the S&P500.
ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 11.03 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.88 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.