ITV PLC ORD 10P with EPIC code (LON:ITV) now have 16 analysts covering the company.The target price ranges between £2.60 and £1.1 so the average target price would be £1.78. Now with the previous closing price of £1.23 this would indicate that there is a potential upside of 44.6%. The day 50 moving average is £1.21 while the 200 day moving average is £1.01. The market capitalisation for the company is £5b. Company Website: http://www.itv.com
ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast, and ITV Studios segments. The Broadcast segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services. It also delivers content through linear television broadcasting; ITV Hub, an over-the-top service on 28 platforms, including itv.com Website; and pay providers, such as Virgin and Sky, as well as through direct content deals with services comprising Amazon, Apple, and Netflix. In addition, this segment offers online advertising, HD digital channel on pay platform, and ITV Choice subscription services, as well as licenses DTT Multiplex A. The ITV Studios segment creates and produces programs and formats that include drama, entertainment, and factual entertainment for its own channels and other broadcasters, such as the BBC, Channel 4, Channel 5, and Sky. It also operates as an unscripted independent producer of content in the United States; and produces content for local broadcasters in Australia, Germany, France, Italy, the Netherlands, Sweden, Norway, Finland, and Denmark. In addition, this segment’s distribution business licenses finished programs and formats, and third-party content internationally, as well as finances productions. The company also engages in the development of platform, broadband, transactional, and mobile services; operation of Freeview Multiplex A; rights ownership and distribution of television programs and films; and scheduling and commissioning of television programs. ITV plc was founded in 1955 is headquartered in London, the United Kingdom.
