Broker TP Upgrade12 Jun 2018 10:12
Analysts at Liberum boosted ITV�s target price by 10p to 275p, arguing there is a �huge opportunity for ITV in the online video on demand space�. ITV has less than a 6pc share of the on-demand market, but Liberum says it is in a �prime position� to growth this.
The broker added: �If ITV can capture a greater share of the online video on demand market, there could be a circa 20 per cent upside in our longer-term forecasts�.
ITV shares ticked up 1.7 per cent, or 2.85p, to 172p.