Breaking: Citigroup Reconfirms GBX 290.00 Target Price On ITV PLC (LON:ITV) Shares, Reconfirms Their Original “Neutral” Rating

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ITV PLC (LON:ITV) Rating Reaffirmed

In an analyst research report sent to investors and clients this morning, Citigroup kept steady their “Neutral” rating on ITV PLC (LON:ITV) shares. The Estimated Target Price indicates a possible upside of 7.53% from company’s last close price.

From a total of 21 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 286.38 with a 8.37% above today’s (GBX 265.7) stock price. ITV PLC was the topic of 81 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 7 with “Buy” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 260 target share price in a report from a November 17. AlphaValue maintained ITV stock in a recent report from December 3 with “Reduce” rating. Deutsche Bank maintained the rating on November 11. Deutsche Bank has a “Sell” rating and a GBX 220 price target on shares. Finally, Morgan Stanley maintained the stock with “Overwt/Attractive” rating in a report issued on a November 30.

Approximately 2.20M shares of stock traded hands. ITV plc (LON:ITV) has risen 2.03% since May 12, 2015 and is uptrending. It has outperformed by 2.83% the S&P500.

Breaking: Citigroup Reconfirms GBX 290.00 Target Price On ITV PLC (LON:ITV) Shares, Reconfirms Their Original

ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.86 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.3 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.

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