ITV plc (ITV) Stock Rating Reaffirmed by Deutsche Bank

ITV plc (LON:ITV)s stock had its sell rating reiterated by investment analysts at Deutsche Bank ina research note issued on Friday, Analyst Ratings.Net reports. They currently have a GBX 220($3.11) price target on the broadcasters stock. Deutsche Banks price target indicates a potentialdownside of 12.87% from the stocks current price.

Shares of ITV plc (LON:ITV) opened at251.4000 on Friday. The stock has a 50 daymoving average of visit our website GBX256.38 and a 200-day moving average of GBX256.37. ITV plc has a 52 week low of GBX221.40 and a 52 week high of GBX 281.90. Thefirms market cap is GBX 10.07 billion.

In other ITV plc news, insider Haste,Andrew Kpurchased 1,323 shares of the stock in atransaction dated Thursday, December 31st.The stock was bought at an average price ofGBX 277 ($3.92) per share, for a total

transaction of 3,664.71 ($5,184.93).

Several other research analysts have also commented on the stock. Morgan Stanley restated anoverwt/attractive rating and set a GBX 300 ($4.24) price target on shares of ITV plc in a researchnote on Monday, November 30th. Nomura restated a buy rating and set a GBX 300 ($4.24) pricetarget on shares of ITV plc in a research note on Monday, November 9th. Citigroup Inc. increasedtheir price target on shares of ITV plc from GBX 280 ($3.96) to GBX 290 ($4.10) and gave the stock aneutral rating in a research note on Wednesday, December 9th. AlphaValue restated a reduce ratingand set a GBX 271 ($3.83) price target on shares of ITV plc in a research note on Thursday,December 24th. Finally, Liberum Capital restated a buy rating and set a GBX 375 ($5.31) pricetarget on shares of ITV plc in a research note on Monday, February 1st. Three investment analystshave rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued abuy https://www.brightscope.com/financial-planning/advisor/147152/Robert-Steven-Domanko/ ratingto the company. ITV plc has a consensus rating of Hold and an average price target of GBX 290.95($4.12).

ITV plc (LON:ITV) is a UnitedKingdom-based integrated producerbroadcaster. The Company creates,owns and distributes content onmultiple platforms. The Companyoperates through segments: Broadcast& Online and ITV Studios. TheCompany operates the commercialfamily of channels in the UnitedKingdom and delivers content throughtraditional television broadcasting.

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