ITV’s (ITV) “Outperform” Rating Reiterated at Credit Suisse Group
Credit Suisse Group reissued their outperform rating on shares of ITV (LON:ITV) in a research note released on Wednesday morning. Credit Suisse Group currently has a GBX 210 ($2.85) price target on the broadcaster’s stock.
Other equities analysts have also issued research reports about the company. Liberum Capital reiterated a buy rating and issued a GBX 330 ($4.48) price target on shares of ITV in a research note on Monday, January 15th. Kepler Capital Markets reiterated a hold rating and issued a GBX 175 ($2.37) price target on shares of ITV in a research note on Wednesday, November 15th. Deutsche Bank reiterated a hold rating and issued a GBX 180 ($2.44) price target on shares of ITV in a research note on Wednesday, November 15th. Shore Capital reiterated a buy rating on shares of ITV in a research note on Tuesday, November 14th. Finally, Morgan Stanley reiterated an overweight rating and issued a GBX 230 ($3.12) price target on shares of ITV in a research note on Thursday, November 23rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of GBX 206.41 ($2.80).
ITV (ITV) opened at GBX 171.70 ($2.33) on Wednesday. ITV has a 52 week low of GBX 142.80 ($1.94) and a 52 week high of GBX 221.76 ($3.01). The stock has a market capitalization of $6,910.00 and a price-to-earnings ratio of 1,717.00.
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ITV plc (ITV) is an integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. It operates through two segments: Broadcast & Online and ITV Studios. The Broadcast & Online segment operates the commercial family of channels in the United Kingdom and delivers content through television broadcasting.
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