Shore Capital reissued their hold rating on shares of ITV (LON:ITV) in a report issued on Monday, ThisIsMoney.Co.Uk reports.
Other research analysts also recently issued reports about the company. Credit Suisse Group decreased their price target on ITV from GBX 175 ($2.30) to GBX 170 ($2.24) and set an outperform rating for the company in a report on Friday, March 6th. Goldman Sachs Group decreased their price target on ITV from GBX 147 ($1.93) to GBX 122 ($1.60) and set a neutral rating for the company in a report on Tuesday, March 17th. Barclays decreased their price target on ITV from GBX 150 ($1.97) to GBX 120 ($1.58) and set an equal weight rating for the company in a report on Friday, March 6th. Liberum Capital reissued a buy rating on shares of ITV in a report on Monday. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of ITV in a report on Friday, March 6th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 136.25 ($1.79).
Shares of LON:ITV opened at GBX 72.08 ($0.95) on Monday. ITV has a 12-month low of GBX 82.90 ($1.09) and a 12-month high of GBX 165.90 ($2.18). The company has a market capitalization of $2.65 billion and a PE ratio of 6.11. The business has a 50 day moving average of GBX 108.01 and a two-hundred day moving average of GBX 130.24. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 131.44.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, April 9th will be given a GBX 5.40 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, April 9th. This is a boost from ITV’s previous dividend of $2.60. This represents a dividend yield of 4.64%. ITV’s payout ratio is 0.68%.
In other ITV news, insider Mary Harris acquired 2,222 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was acquired at an average cost of GBX 151 ($1.99) per share, for a total transaction of £3,355.22 ($4,413.60).
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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