ITV’s (ITV) Hold Rating Reiterated at Deutsche Bank
Deutsche Bank reissued their hold rating on shares of ITV (LON:ITV) in a research report report published on Friday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued reports about the company. Berenberg Bank restated a sell rating and set a $13.00 target price on shares of Air France-KLM in a report on Friday, May 10th. Goldman Sachs Group restated a buy rating on shares of WPP in a report on Monday, June 3rd. UBS Group restated a hold rating and set a $20.50 target price on shares of ABB in a report on Thursday, July 25th. Barclays restated an underweight rating and set a $150.00 target price on shares of Tesla in a report on Thursday, July 25th. Finally, Liberum Capital restated a buy rating on shares of SThree in a report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 142.42 ($1.86).
Shares of ITV stock opened at GBX 113.50 ($1.48) on Friday. The stock has a market cap of $4.57 billion and a PE ratio of 9.78. ITV has a 1-year low of GBX 102.65 ($1.34) and a 1-year high of GBX 174.75 ($2.28). The firm’s 50-day moving average is GBX 109.37. The company has a debt-to-equity ratio of 123.32, a current ratio of 1.10 and a quick ratio of 0.76.
In other ITV news, insider Carolyn McCall acquired 44,589 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was acquired at an average price of GBX 111 ($1.45) per share, for a total transaction 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 price of GBX 108 ($1.41) per share, with a total value of £3,362.04 ($4,393.10).
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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