MARKET TALK: RTL's Five Sale Won't Impact ITV-Sanford Bernstein

23rd Jul 2010 18:55

0000 GMT (Dow Jones)--RTL Group S.A.'s (RTL.BT) EUR125 million sale of Five to Northern & Shell company is unlikely to have much of an impact on ITV (ITV.LN) one way or another, says Sanford Bernstein analayst Claudio Aspesi. "What ITV needs is an overall review of how the UK TV ad market works, and a better economy," Aspesi said. Sanford Bernstein had an underperform rating on ITV stock with a target price of 40p. RTL Group shares closed Friday in Brussels at EUR62.50. ([email protected]) (END) Dow Jones Newswires July 23, 2010 13:55 ET (17:55 GMT)