Today: ITV plc (ITV) Given Buy Rating at Peel Hunt

Today: ITV plc (ITV) Given Buy Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of ITV plc (LON:ITV) in a report released on Friday morning. They currently have a GBX 330 ($4.12) price objective on the broadcaster’s stock.

Other equities research analysts have also recently issued reports about the company. BNP Paribas reiterated a neutral rating and issued a GBX 200 ($2.50) target price on shares of ITV plc in a research note on Wednesday, September 28th. Morgan Stanley reiterated an equal weight rating and issued a GBX 240 ($3.00) target price on shares of ITV plc in a research note on Thursday, September 1st. Numis Securities Ltd reiterated an add rating and issued a GBX 230 ($2.87) target price on shares of ITV plc in a research note on Thursday, July 28th. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 218 ($2.72) target price on shares of ITV plc in a research note on Thursday, July 28th. Finally, Credit Suisse Group AG reiterated an outperform rating and issued a GBX 240 ($3.00) target price on shares of ITV plc in a research note on Friday, October 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. ITV plc currently has a consensus rating of Buy and a consensus price target of GBX 240.30 ($3.00).

Shares of ITV plc (LON:ITV) opened at 167.05 on Friday. ITV plc has a 52-week low of GBX 141.00 and a 52-week high of GBX 279.10. The stock’s market capitalization is GBX 6.70 billion. The company has a 50 day moving average of GBX 170.78 and a 200 day moving average of GBX 190.74.

In other ITV plc news, insider Peter Bazalgette purchased 11,875 shares of the company’s stock in a transaction on Friday, September 30th. The shares were bought at an average cost of GBX 183 ($2.29) per share, with a total value of £21,731.25 ($27,150.49). Also, insider Crozier,Adam sold 500,000 shares of ITV plc stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of GBX 200 ($2.50), for a total value of £1,000,000 ($1,249,375.31).

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