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ITV plc 28.5% Potential Upside Indicated by Goldman Sachs

ITV plc using EPIC/TICKER code (LON:ITV) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. ITV plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 228 GBX on its stock. This is indicating the analyst believes there is a potential upside of 28.5% from the opening price of 177.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.3 points and decreased 39.6 points respectively. The 1 year high for the share price is 221.76 GBX while the 52 week low for the share price is 156.24 GBX.

ITV plc has a 50 day moving average of 189.75 GBX and a 200 Day Moving Average share price is recorded at 195.88. There are currently 4,025,408,911 shares in issue with the average daily volume traded being 13,631,704. Market capitalisation for LON:ITV is £7,116,923,077 GBP.

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