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Home / Stocks and Markets at Lows / ITV (ITV.L) 02-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

ITV (ITV.L) 02-03-20

ITV (ITV.L) has fallen dramatically from recent highs of 156.5p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 115.78p (at time of writing). A return to previous highs would represent a rise of 35%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -26% from 12-month highs; +11% from 12 month lows.

Latest News

30 Jan:  Barclays Capital reiterates its equal weight rating on ITV (ITV) and increased the target price to 150p (from 130p).

28 Jan:  UBS reiterates its neutral rating on ITV (ITV) and increased the target price to 140p (from 130p).

20 Jan:  Goldman Sachs reiterates its neutral rating on ITV (ITV) and increased the target price to 171p (from 140p).

05 Dec:  Exane BNP Paribas has upgraded its rating on ITV (ITV) to outperform (from neutral) and increased the target price to 165p (from 120p).

13 Nov:  Goldman Sachs reiterates its neutral rating on ITV (ITV) and increased the target price to 140p (from 124p).

13 Nov:  Barclays Capital reiterates its equal weight rating on ITV (ITV) and increased the target price to 130p (from 120p).

13 Nov:  Kepler Cheuvreux has downgraded its rating on ITV (ITV) to hold (from buy) and increased the target price to 150p (from 125p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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