Shares of ITV plc (LON:ITV) have earned a consensus recommendation of “Hold” from the fifteen analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 144.40 ($1.89).
Several analysts recently weighed in on ITV shares. Liberum Capital restated a “buy” rating and issued a GBX 560 ($7.32) price objective (up from GBX 550 ($7.19)) on shares of On The Beach Group in a report on Tuesday, May 14th. Citigroup restated an “average” rating on shares of Stoneridge in a report on Tuesday, May 7th. Berenberg Bank restated a “sell” rating and issued a $13.00 price objective on shares of Air France-KLM in a report on Friday, May 10th. Goldman Sachs Group restated a “buy” rating on shares of WPP in a report on Monday, June 3rd. Finally, UBS Group lifted their price objective on Zayo Group from $30.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, May 9th.
Shares of ITV stock traded up GBX 1.90 ($0.02) on Friday, hitting GBX 111.15 ($1.45). The stock had a trading volume of 9,760,566 shares, compared to its average volume of 19,490,000. The company has a debt-to-equity ratio of 123.32, a quick ratio of 0.76 and a current ratio of 1.10. The business has a 50 day moving average price of GBX 108.29. The company has a market capitalization of $4.47 billion and a P/E ratio of 9.58. ITV has a one year low of GBX 102.65 ($1.34) and a one year high of GBX 178.55 ($2.33).
In other news, insider Carolyn McCall bought 44,589 shares of ITV stock in a transaction on Wednesday, May 15th. The stock was acquired at an average cost of GBX 111 ($1.45) per share, for a total transaction of £49,493.79 ($64,672.40). Also, insider Mary Harris bought 3,113 shares of ITV stock in a transaction on Friday, June 28th. The stock was purchased at an average price of GBX 108 ($1.41) per share, with a total value of £3,362.04 ($4,393.10).
ITV Company Profile
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online 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.
Receive News & Ratings for ITV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV and related companies with MarketBeat.com's FREE daily email newsletter.