ITV plc 12.3% Potential Upside Indicated by Berenberg

Broker Ratings

ITV plc with EPIC/TICKER (LON:ITV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. ITV plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 150 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.3% from today’s opening price of 133.6 GBX. Over the last 30 and 90 trading days the company share price has increased 2.4 points and decreased 3.45 points respectively. The 52 week high share price is 183.1 GBX while the 52 week low for the share price is 121.5 GBX.

ITV plc has a 50 day moving average of 133.74 GBX and a 200 day moving average of 154.09. There are currently 4,025,409,194 shares in issue with the average daily volume traded being 11,443,676. Market capitalisation for LON:ITV is £5,406,124,670 GBP.

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    ITV plc reports mixed Q3 2024 results with ITV Studios revenue down 20% while ITVX shows strong growth, driven by strategic execution and cost savings.

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