ITV plc (OTCMKTS:ITVPF) Given Consensus Rating of “Hold” by Brokerages

Shares of ITV plc (OTCMKTS:ITVPF – Get Rating) have received an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $131.50.

ITVPF has been the topic of a number of research analyst reports. The Goldman Sachs Group raised shares of ITV from a “sell” rating to a “neutral” rating in a research report on Monday, March 7th. JPMorgan Chase & Co. reduced their price objective on ITV from GBX 192 ($2.37) to GBX 170 ($2.10) in a research note on Friday, March 18th. Berenberg Bank lowered ITV from a “hold” rating to a “sell” rating in a research report on Tuesday, April 19th. Exane BNP Paribas downgraded shares of ITV from an “outperform” rating to a “neutral” rating and set a GBX 93 ($1.15) price target for the company. in a research report on Tuesday, March 22nd. Finally, Barclays upgraded shares of ITV from an “equal weight” rating to an “overweight” rating in a report on Friday, January 28th.

OTCMKTS:ITVPF opened at $0.87 on Friday. ITV has a 12 month low of $0.87 and a 12 month high of $1.89. The firm has a fifty day simple moving average of $1.03 and a two-hundred day simple moving average of $1.33.

ITV Company Profile (Get Rating)

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Media & Entertainment, and ITV Studios segments. The Media & Entertainment 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.

Featured Stories