Shore Capital reissued their buy rating on shares of ITV (LON:ITV – Get Rating) in a research report sent to investors on Monday morning, LSE.Co.UK reports.
A number of other equities analysts have also recently issued reports on ITV. Deutsche Bank Aktiengesellschaft upgraded ITV to a buy rating in a report on Thursday, March 9th. Barclays increased their price target on ITV from GBX 70 ($0.85) to GBX 80 ($0.98) and gave the stock an equal weight rating in a report on Tuesday, January 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Hold and an average target price of GBX 97.25 ($1.19).
ITV Stock Performance
LON:ITV opened at GBX 81.68 ($1.00) on Monday. The company has a market capitalization of £3.29 billion, a PE ratio of 816.80, a P/E/G ratio of -0.53 and a beta of 1.48. ITV has a fifty-two week low of GBX 53.97 ($0.66) and a fifty-two week high of GBX 96.62 ($1.18). The company has a 50 day simple moving average of GBX 83.94 and a two-hundred day simple moving average of GBX 73.92. The company has a debt-to-equity ratio of 51.71, a quick ratio of 0.83 and a current ratio of 1.25.
ITV Increases Dividend
Insider Buying and Selling
In other news, insider Mary Harris bought 3,467 shares of the business’s stock in a transaction that occurred on Friday, December 30th. The shares were bought at an average cost of GBX 75 ($0.91) per share, for a total transaction of £2,600.25 ($3,169.10). In related news, insider Sharmila Nebhrajani purchased 5,620 shares of the stock in a transaction that occurred on Monday, March 6th. The stock was acquired at an average cost of GBX 88 ($1.07) per share, with a total value of £4,945.60 ($6,027.54). Also, insider Mary Harris purchased 3,467 shares of the stock in a transaction that occurred on Friday, December 30th. The stock was bought at an average cost of GBX 75 ($0.91) per share, with a total value of £2,600.25 ($3,169.10). 10.23% of the stock is owned by company insiders.
ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Media & Entertainment, and ITV Studios segments. The Media & Entertainment segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.
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