Shares of ITV plc (OTCMKTS:ITVPY – Get Rating) have earned an average recommendation of “Hold” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $100.00.
Several research analysts have recently issued reports on ITVPY shares. Barclays reduced their price target on ITV from GBX 85 ($1.03) to GBX 75 ($0.91) in a research report on Friday, July 29th. UBS Group reduced their price target on ITV from GBX 155 ($1.87) to GBX 135 ($1.63) in a research report on Wednesday, July 20th. Morgan Stanley lowered ITV from an “equal weight” rating to an “underweight” rating in a research report on Thursday, September 8th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on ITV from GBX 100 ($1.21) to GBX 90 ($1.09) in a research report on Thursday, July 28th.
ITV Price Performance
ITVPY stock opened at $7.28 on Friday. ITV has a twelve month low of $7.00 and a twelve month high of $17.27. The business’s fifty day moving average is $8.04 and its 200-day moving average is $8.90.
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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