# ITV plc 36.4% potential upside indicated by Citigroup

- Link: https://www.directorstalkinterviews.com/itv-plc-36.4-potential-upside-indicated-by-citigroup/4121163363
- Published: 2024-07-01T13:56:30+01:00
- Author: Charlotte Edwards

**[ITV plc](https://www.directorstalkinterviews.com/ftse-company/itv-plc/itv.l)**
with ticker (LON:ITV) now has a potential upside of 36.4% according to Citigroup.

ITV.LCitigroup set a target price of 110 GBX for the company, which when compared
to the ITV plc share price of 81 GBX at opening today (01/07/2024) indicates a potential
upside of 36.4%. Trading has ranged between 55 (52 week low) and 83 (52 week high)
with an average of 10,314,640 shares exchanging hands daily. The market capitalisation
at the time of writing is £3,232,481,073.ITV plc is a vertically integrated producer,
broadcaster and streamer, consisting of ITV Studios and Media & Entertainment (M&
E). The Company operates through two segments: ITV Studios and M&E. ITV Studios 
is a global production business which creates, owns and distributes high-quality
scripted and unscripted content for broadcasters and platform owners in the United
Kingdom and internationally. ITV Studios is a creator, owner and distributor of 
content operating in 13 countries and across 60 labels; diversified by genre, geography
and customer in the key markets around the world. Through M&E, the Company distributes
content across its ad-funded linear channels and on ITVX, its free ad-supported 
streaming platform. M&E is an advertising-funded television business suited to British
audiences. M&E is a family of free-to-air commercial channels in the United Kingdom,
with programming delivered across multiple platforms.

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