ITV plc (OTCMKTS:ITVPF) Receives Average Rating of “Hold” from Brokerages

Shares of ITV plc (OTCMKTS:ITVPFGet Rating) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $131.50.

A number of research analysts have recently weighed in on ITVPF shares. Berenberg Bank lowered ITV from a “hold” rating to a “sell” rating in a report on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft lowered ITV from a “buy” rating to a “hold” rating in a research note on Wednesday, March 9th. Exane BNP Paribas lowered ITV from an “outperform” rating to a “neutral” rating and set a GBX 93 ($1.17) price target for the company. in a research note on Tuesday, March 22nd. JPMorgan Chase & Co. dropped their price target on ITV from GBX 192 ($2.41) to GBX 170 ($2.13) in a research note on Friday, March 18th. Finally, The Goldman Sachs Group raised ITV from a “sell” rating to a “neutral” rating in a research note on Monday, March 7th.

ITVPF stock opened at $0.87 on Wednesday. ITV has a twelve month low of $0.87 and a twelve month high of $1.89. The stock’s 50 day moving average is $0.98 and its 200-day moving average is $1.26.

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.

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Analyst Recommendations for ITV (OTCMKTS:ITVPF)

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