Citigroup Reiterates Buy Rating for ITV (LON:ITV)

ITV (LON:ITV)‘s stock had its “buy” rating restated by research analysts at Citigroup in a research note issued to investors on Thursday, MarketBeat reports.

Separately, Shore Capital reiterated a “buy” rating on shares of ITV in a report on Thursday, November 7th.

ITV Trading Up 0.5 %

Shares of ITV stock opened at GBX 73.56 ($0.94) on Thursday. ITV has a 12 month low of GBX 55.49 ($0.71) and a 12 month high of GBX 89 ($1.13). The company has a market cap of £2.85 billion, a PE ratio of 668.69, a price-to-earnings-growth ratio of -0.53 and a beta of 1.44. The company has a quick ratio of 0.83, a current ratio of 1.60 and a debt-to-equity ratio of 45.31. The business’s 50 day moving average is GBX 73.29 and its two-hundred day moving average is GBX 77.57.

ITV Company Profile

ITV plc, an integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide. It operates through ITV Studios and Media & Entertainment segments. The ITV Studios segment creates and produces programs and formats that include sports, drama, entertainment, factual, and news for its own channels and other broadcasters.