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Shore Capital retained ITV PLC (LON:ITV) to Buy in a report released today.

Yesterday ITV PLC (LON:ITV) traded -2.55% lower at 151.10GBX. The company’s 50-day moving average is 169.16GBX and its 200-day moving average is 181.24GBX. The last stock close price is down -9.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 25,603,067 shares of the stock were exchanged, up from an average trading volume of 16,787,800

Shore Capital has retained ITV PLC (LON:ITV) to Buy in a report released on Tuesday November 14, 2017.

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ITV PLC has a 52 week low of 152.40GBX and a 52 week high of 221.76GBX with a P/E ratio of 16.24 The company’s market cap is currently 0 GBX.

In addition to Shore Capital reporting its stock price target, a total of 19 brokerages have issued a ratings update on the company. The average stock price target is 234.37GBX with 7 brokerages rating the stock a strong buy, 9 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On ITV PLC (LON:ITV)

ITV plc (ITV) is an integrated producer broadcaster. The Company creates, owns and distributes content on multiple platforms. It operates through two segments: Broadcast & Online and ITV Studios. The Broadcast & Online segment operates the commercial family of channels in the United Kingdom and delivers content through television broadcasting. In addition to linear broadcast, the Company delivers its content on multiple platforms, including the ITV Hub and pay platforms or through direct content deals. The ITV Studios segment is the Company's international content business, which creates and produces programs and formats that return and travel, including drama, entertainment and factual entertainment. ITV Studios produces programming across a range of genres for ITV's own channels. ITV Studios also operates in five other international locations being Australia, Germany, France, the Netherlands (primarily Talpa) and the Nordics, where content is produced for local broadcasters.

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