Sanford C. Bernstein Initiates Coverage on ITV PLC/ADR (OTCMKTS:ITVPY)

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Sanford C. Bernstein assumed coverage on shares of ITV PLC/ADR (OTCMKTS:ITVPY) in a note issued to investors on Wednesday, The Fly reports. The brokerage set a “market perform” rating on the stock.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. restated an “overweight” rating on shares of ITV PLC/ADR in a report on Tuesday, March 10th. UBS Group raised ITV PLC/ADR from a “neutral” rating to a “buy” rating in a report on Thursday, April 16th. ValuEngine upgraded ITV PLC/ADR from a “strong sell” rating to a “sell” rating in a report on Thursday, July 2nd. Goldman Sachs Group upgraded ITV PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 21st. Finally, Barclays reiterated an “equal weight” rating on shares of ITV PLC/ADR in a research note on Thursday, May 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. ITV PLC/ADR currently has an average rating of “Buy”.

ITVPY opened at $8.37 on Wednesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.90 and a current ratio of 1.14. The company’s 50-day moving average is $9.83 and its 200 day moving average is $12.71. ITV PLC/ADR has a fifty-two week low of $6.44 and a fifty-two week high of $21.02.

ITV PLC/ADR Company Profile

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast & Online, and ITV Studios segments. The Broadcast & Online 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.

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Analyst Recommendations for ITV PLC/ADR (OTCMKTS:ITVPY)

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