ITV (LON: ITV)‘s stock had its “buy” rating reaffirmed by research analysts at Nomura in a report released on Thursday. They currently have a $1.95 (130 GBX) target price on the stock.
ITV traded down 0.64% on Thursday, hitting GBX 123.40. ITV has a 52-week low of GBX 68.55 and a 52-week high of GBX 125.37. The stock’s 50-day moving average is currently GBX 89.23. The company’s market cap is £4.807 billion.
ITV has been the subject of a number of other recent research reports. Analysts at Barclays Capital raised their price target on shares of ITV from $1.35 to $1.73 in a research note to investors on Thursday. They now have an “equal-weight” rating on the stock. Separately, analysts at Investec upgraded shares of ITV to a “hold” rating in a research note to investors on Thursday. They now have a $1.67 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of ITV in a research note to investors on Wednesday. They now have a $1.91 price target on the stock.
ITV plc is a commercial television network in the United Kingdom. It has two segments: ITV Studios and Broadcasting & Online’ segment.
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