ITV PLC (LON:ITV) Rating Reaffirmed
Liberum Capital now has a GBX 375.00 target on the 10.82B GBP market cap company or 39.41% upside potential. In a comprehensive report issued on Thursday morning, ITV PLC (LON:ITV) shares have had their “Buy” Rating reaffirmed by investment advisers at Liberum Capital.
From a total of 21 analysts covering ITV PLC (LON:ITV) stock, 13 rate it a ”Buy”, 3 a “Sell”, and 7 a ”Hold”. This means that 57% 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 286.86 with a 7.89% above today’s (GBX 269.3) stock price. ITV PLC was the topic of 84 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 14 with “Buy” rating. Morgan Stanley maintained shares with “Overwt/Attractive” rating and GBX 300 target share price in a report from a November 30. Citigroup maintained ITV stock in a recent report from December 9 with “Neutral” rating. BNP Paribas maintained the rating on November 17. BNP Paribas has a “Neutral” rating and a GBX 260 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a December 3.
Approximately 783,486 shares of stock traded hands. ITV plc (LON:ITV) has declined 1.15% since May 20, 2015 and is downtrending. It has outperformed by 1.11% the S&P500.
ITV plc is a United Kingdom-based integrated producer broadcaster. The company has a market cap of 10.82 billion GBP. The Firm creates, owns and distributes content on multiple platforms. It has 20.58 P/E ratio. The Firm operates through divisions: Broadcast & Online and ITV Studios.