ITV (LON:ITV) Stock Rating Reaffirmed by Deutsche Bank

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ITV (LON:ITV)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

ITV has been the subject of several other reports. Macquarie restated a “neutral” rating on shares of EXPERIAN PLC/ADR in a research note on Tuesday, June 25th. Numis Securities restated a “buy” rating and issued a GBX 1,750 ($22.87) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 8th. Goldman Sachs Group restated a “buy” rating on shares of WPP in a research note on Monday, June 3rd. Shore Capital restated a “not rated” rating on shares of SolGold in a research note on Wednesday, May 8th. Finally, Citigroup restated an “average” rating on shares of Stoneridge in a research note on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. ITV presently has a consensus rating of “Hold” and a consensus price target of GBX 147 ($1.92).

Shares of LON:ITV opened at GBX 111.15 ($1.45) on Friday. ITV has a 52-week low of GBX 102.65 ($1.34) and a 52-week high of GBX 178.55 ($2.33). The stock has a market capitalization of $4.47 billion and a PE ratio of 9.58. The company has a debt-to-equity ratio of 123.32, a quick ratio of 0.76 and a current ratio of 1.10. The business has a 50-day moving average price of GBX 108.29.

In related news, insider Carolyn McCall bought 44,589 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The shares were purchased at an average cost of GBX 111 ($1.45) per share, with a total value of £49,493.79 ($64,672.40). Also, insider Mary Harris acquired 3,113 shares of the company’s stock in a transaction on Friday, June 28th. The stock was acquired at an average cost of GBX 108 ($1.41) per share, for a total transaction of £3,362.04 ($4,393.10).

ITV Company Profile

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online 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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Analyst Recommendations for ITV (LON:ITV)

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