ITV (ITV.L) 04-11-19
Will ITV (ITV.L) break the key resistance level, or will it drop back to the 105p support once more? (-20%)?
- Now trading near the 137p resistance at 132.57p (at time of writing).
- Is this likely to appeal to short-sellers?
- Will the shares fall again to recent support of 105p? (-20%).
- Shares -16% from 12-month highs; +28% from 12 month lows.
06 Sep: Liberum Capital reiterates its buy rating on ITV (ITV) and increased the target price to 180p (from 145p).
08 Aug: Berenberg reiterates its hold rating on ITV (ITV) and reduced the target price to 125p (from 140p).
25 Jul: JP Morgan Cazenove reiterates its overweight rating on ITV (ITV) and reduced the target price to 170p (from 200p).
24 Jul: ITV, the broadcaster, reported advertising revenues ahead of expectations as the popular show ‘Love Island’ led it to a robust half-year performance.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires