ITV’s (ITV) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

ITV (LON:ITV)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 90 price target on the broadcaster’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 17.72% from the company’s current price.

ITV Stock Performance

Shares of LON:ITV traded down GBX 3.95 during trading on Friday, hitting GBX 76.45. The company’s stock had a trading volume of 5,762,989 shares, compared to its average volume of 44,239,254. The company has a debt-to-equity ratio of 48.72, a current ratio of 1.23 and a quick ratio of 0.83. The firm has a market cap of £2.86 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of -0.53 and a beta of 0.82. The company has a 50-day moving average of GBX 79.44 and a 200-day moving average of GBX 79.59. ITV has a 12 month low of GBX 65.70 and a 12 month high of GBX 88.90.

ITV (LON:ITV) last announced its earnings results on Thursday, March 5th. The broadcaster reported GBX 8.50 earnings per share (EPS) for the quarter. ITV had a net margin of 7.28% and a return on equity of 11.42%. On average, sell-side analysts expect that ITV will post 1120 earnings per share for the current year.

ITV Company Profile

ITV is a producer, streamer and broadcaster, consisting of ITV Studios and Media & Entertainment (M&E).

ITV Studios is a scaled global creator, owner and distributor of high-quality TV content, producing some of the most successful shows in the world. It operates in 13 countries, across 60+ labels and is diversified by genre, geography and customer in the key creative markets around the world.

Media & Entertainment is the largest commercial streamer and broadcaster. Through M&E, we make brilliant British-focused content available on ITVX – our free, advertiser-funded streaming service – alongside our free-to-air linear TV channels.