Latest Stocks: ITV plc (ITV) Earns “Buy” Rating from Liberum Capital

Latest Stocks: ITV plc (ITV) Earns “Buy” Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of ITV plc (LON:ITV) in a research note released on Thursday. The brokerage currently has a GBX 340 ($4.39) price target on the broadcaster’s stock.

Several other analysts have also recently commented on ITV. HSBC Holdings plc cut shares of ITV plc to a hold rating and decreased their price target for the company from GBX 230 ($2.97) to GBX 215 ($2.78) in a research note on Thursday, June 1st. Citigroup Inc reissued a buy rating and set a GBX 240 ($3.10) price target on shares of ITV plc in a research note on Monday, March 6th. Jefferies Group LLC increased their price target on shares of ITV plc from GBX 230 ($2.97) to GBX 240 ($3.10) and gave the company a buy rating in a research note on Thursday, March 2nd. Berenberg Bank reissued a hold rating and set a GBX 200 ($2.58) price target on shares of ITV plc in a research note on Thursday, February 23rd. Finally, Shore Capital reaffirmed a buy rating on shares of ITV plc in a research note on Thursday, February 9th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. ITV plc presently has an average rating of Hold and a consensus target price of GBX 227.57 ($2.94).

In related news, insider Adam Crozier sold 240,534 shares of ITV plc stock in a transaction dated Tuesday, March 28th. The shares were sold at an average price of GBX 210 ($2.71), for a total transaction of £505,121.40 ($652,695.96). Also, insider Anna Manz bought 1,054 shares of ITV plc stock in a transaction that occurred on Friday, March 31st. The shares were bought at an average cost of GBX 212 ($2.74) per share, with a total value of £2,234.48 ($2,887.30). About ITV plc

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