ITV plc (LON:ITV)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research report issued on Tuesday.
A number of other research firms have also commented on ITV. Barclays PLC restated an “equal weight” rating and set a GBX 190 ($2.37) price target on shares of ITV plc in a research report on Monday, July 18th. Peel Hunt restated a “buy” rating and set a GBX 330 ($4.12) price target on shares of ITV plc in a research report on Wednesday, July 20th. Liberum Capital restated a “buy” rating and set a GBX 360 ($4.50) price target on shares of ITV plc in a research report on Tuesday, September 27th. Credit Suisse Group AG upped their target price on shares of ITV plc from GBX 200 ($2.50) to GBX 240 ($3.00) and gave the stock an “outperform” rating in a research report on Wednesday, September 14th. Finally, Shore Capital reiterated a “buy” rating on shares of ITV plc in a research report on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 240.30 ($3.00).
Shares of ITV plc (LON:ITV) traded up 0.72% during mid-day trading on Tuesday, reaching GBX 168.00. The company’s stock had a trading volume of 12,237,273 shares. ITV plc has a 12 month low of GBX 141.00 and a 12 month high of GBX 279.10. The company’s 50-day moving average is GBX 170.78 and its 200 day moving average is GBX 190.74. The firm’s market cap is GBX 6.74 billion.
In related news, insider Peter Bazalgette bought 11,875 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were bought at an average price of GBX 183 ($2.29) per share, for a total transaction of £21,731.25 ($27,150.49). Also, insider Anna Manz bought 27,282 shares of the company’s stock in a transaction that occurred on Friday, October 7th. The stock was bought at an average price of GBX 182 ($2.27) per share, for a total transaction of £49,653.24 ($62,035.53).