Shore Capital Reiterates Buy Rating for STV Group (LON:STVG)

Shore Capital reaffirmed their buy rating on shares of STV Group (LON:STVG) in a research report sent to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reissued a buy rating on shares of STV Group in a report on Tuesday, July 7th.

STVG stock opened at GBX 230 ($2.83) on Wednesday. STV Group has a one year low of GBX 2.20 ($0.03) and a one year high of GBX 455 ($5.60). The company’s fifty day moving average price is GBX 231.26 and its 200-day moving average price is GBX 304.98. The company has a market capitalization of $106.36 million and a PE ratio of 5.64.

In other STV Group news, insider Ian Steele purchased 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were bought at an average price of GBX 230 ($2.83) per share, with a total value of £3,680 ($4,528.67).

STV Group Company Profile

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates in Broadcast, Digital, Productions, and External Lottery Management segments. It provides news, sports, entertainment, weather, competitions, video on demand, and STV programs.

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