Liberum Capital reissued their buy rating on shares of ITV plc (LON:ITV) in a research note released on Wednesday morning. They currently have a GBX 360 ($4.46) target price on the broadcaster’s stock.
Other research analysts have also recently issued research reports about the stock. Numis Securities Ltd reissued an add rating and issued a GBX 230 ($2.85) target price on shares of ITV plc in a report on Thursday, July 28th. Peel Hunt reissued a buy rating on shares of ITV plc in a report on Wednesday, July 13th. Shore Capital reissued a buy rating on shares of ITV plc in a report on Tuesday, July 19th. Panmure Gordon reissued a buy rating and issued a GBX 315 ($3.90) target price on shares of ITV plc in a report on Tuesday, July 26th. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating and issued a GBX 218 ($2.70) price objective on shares of ITV plc in a research note on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 249.42 ($3.09).
ITV plc (LON:ITV) opened at 174.30 on Wednesday. ITV plc has a 52 week low of GBX 141.00 and a 52 week high of GBX 279.10. The firm has a 50-day moving average of GBX 194.53 and a 200-day moving average of GBX 205.30. The company’s market cap is GBX 6.99 billion.
The business also recently disclosed a dividend, which will be paid on Monday, November 28th. Shareholders of record on Thursday, October 27th will be paid a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, October 27th.
In related news, insider Anna Manz acquired 27,282 shares of the company’s stock in a transaction on Friday, October 7th. The shares were acquired at an average cost of GBX 182 ($2.25) per share, for a total transaction of £49,653.24 ($61,452.03). Also, insider Peter Bazalgette acquired 11,875 shares of the company’s stock in a transaction on Friday, September 30th. The shares were bought at an average price of GBX 183 ($2.26) per share, for a total transaction of £21,731.25 ($26,895.11).
ITV plc Company Profile
ITV plc (ITV) is a United Kingdom-based integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. The Company operates through segments: Broadcast & Online and ITV Studios. The Company’s Broadcast & Online operates the commercial family of channels in the United Kingdom and delivers content through traditional television broadcasting.
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