The stock of ITV plc (LON:ITV) is a huge mover today! The stock decreased 1.27% or GBX 2.17 on November 30, hitting GBX 169.03. About 34.09M shares traded hands or 73.05% up from the average. ITV plc (LON:ITV) has declined 23.98% since May 2, 2016 and is downtrending. It has underperformed by 29.21% the S&P500.
The move comes after 7 months positive chart setup for the GBX 6.80B company. It was reported on Nov, 30 by Barchart.com. We have GBX 177.48 PT which if reached, will make LON:ITV worth GBX 340.00 million more.
ITV plc (LON:ITV) Ratings Coverage
Out of 25 analysts covering ITV PLC (LON:ITV), 14 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 56% are positive. ITV PLC has been the topic of 219 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was maintained by Numis Securities on Friday, November 6 with “Add”. Morgan Stanley maintained the stock with “Overwt/Attractive” rating in Monday, November 30 report. The stock has “Neutral” rating given by BNP Paribas on Wednesday, January 6. As per Wednesday, November 16, the company rating was maintained by Jefferies. Nomura maintained the shares of ITV in a report on Tuesday, February 23 with “Buy” rating. The stock has “Sell” rating given by Berenberg on Friday, January 8. The stock has “Buy” rating given by Liberum Capital on Tuesday, March 1. The firm has “Buy” rating by Liberum Capital given on Wednesday, July 27. As per Wednesday, October 5, the company rating was maintained by Liberum Capital. Investec maintained the stock with “Hold” rating in Tuesday, November 10 report.
Another recent and important ITV plc (LON:ITV) news was published by Business.Financialpost.com which published an article titled: “‘Peppa Pig’ owner Entertainment One Ltd rejects ITV Plc US$1.3-billion …” on August 10, 2016.
ITV plc is an integrated producer broadcaster. The company has a market cap of 6.80 billion GBP. The Company’s divisions include Broadcast & Online and ITV Studios. It has a 14.05 P/E ratio. The Company’s Broadcast & Online operates the commercial family of channels in the United Kingdom and delivers content through traditional television broadcasting.
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