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ITV plc 9.8% Potential Upside Indicated by Goldman Sachs

ITV plc using EPIC/TICKER code (LON:ITV) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today 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 194 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.8% from the opening price of 176.65 GBX. Over the last 30 and 90 trading days the company share price has increased 5.35 points and increased 33.2 points respectively. The 1 year high for the share price is 183.8 GBX while the 52 week low is 141 GBX.

ITV plc has a 50 day moving average of 170.86 GBX and the 200 Day Moving Average price is recorded at 162.33. There are currently 4,025,409,280 shares in issue with the average daily volume traded being 17,316,030. Market capitalisation for LON:ITV is £7,066,072,904 GBP.