Liberum Capital reiterated their buy rating on shares of ITV (LON:ITV) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also recently issued reports on the stock. Credit Suisse Group dropped their target price on shares of ITV from GBX 175 ($2.30) to GBX 170 ($2.24) and set an outperform rating for the company in a report on Friday, March 6th. Goldman Sachs Group decreased their price target on ITV from GBX 147 ($1.93) to GBX 122 ($1.60) and set a neutral rating on the stock in a research note on Tuesday, March 17th. Berenberg Bank lowered their price target on ITV from GBX 125 ($1.64) to GBX 120 ($1.58) and set a hold rating on the stock in a report on Monday, March 9th. Barclays dropped their price objective on ITV from GBX 150 ($1.97) to GBX 120 ($1.58) and set an equal weight rating for the company in a research note on Friday, March 6th. Finally, Deutsche Bank reduced their price objective on ITV from GBX 130 ($1.71) to GBX 120 ($1.58) and set a hold rating for the company in a report on Friday, March 6th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. ITV presently has an average rating of Hold and a consensus target price of GBX 136.25 ($1.79).
ITV stock opened at GBX 65.72 ($0.86) on Monday. The company has a market cap of $2.65 billion and a P/E ratio of 5.57. ITV has a 52 week low of GBX 82.90 ($1.09) and a 52 week high of GBX 165.90 ($2.18). The company’s 50-day moving average price is GBX 108.01 and its 200 day moving average price is GBX 130.24. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 131.44.
In other ITV news, insider Mary Harris purchased 2,222 shares of the stock in a transaction dated Tuesday, December 31st. The shares were acquired at an average cost of GBX 151 ($1.99) per share, for a total transaction of £3,355.22 ($4,413.60).
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.
Featured Story: What is Compound Interest?
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.