ITV (LON:ITV) Rating Reiterated by Shore Capital

ITV (LON:ITV)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research report issued on Thursday, MarketBeat Ratings reports.

Separately, Citigroup restated a “buy” rating and set a GBX 110 ($1.42) price target on shares of ITV in a report on Thursday, June 6th.

ITV Trading Down 0.4 %

Shares of ITV opened at GBX 80.75 ($1.04) on Thursday. The firm’s 50-day moving average price is GBX 80.07 and its 200-day moving average price is GBX 71.31. The company has a current ratio of 1.55, a quick ratio of 0.83 and a debt-to-equity ratio of 48.85. The firm has a market capitalization of £3.21 billion, a price-to-earnings ratio of 1,615.00, a PEG ratio of -0.53 and a beta of 1.45. ITV has a 1-year low of GBX 55.49 ($0.72) and a 1-year high of GBX 89 ($1.15).

Insider Buying and Selling at ITV

In other ITV news, insider Graham Cooke acquired 16,996 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was purchased at an average price of GBX 70 ($0.91) per share, with a total value of £11,897.20 ($15,386.96). Company insiders own 10.39% of the company’s stock.

About ITV

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.