Published on 20 May 2024 on Simply Wall St. · via Yahoo Finance
While ITV plc (LON:ITV) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the LSE over the last few months. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s examine ITV’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
See our latest analysis for ITV
What's The Opportunity In ITV?