Analyst Price Target Update on Grupo Televisa S.A. (NYSE:TV)

Grupo Televisa S.A. (NYSE:TV) should head towards $27.58 per share according to 6 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $22 per share. The higher price estimate target is at $33 according to the Analysts.

Many analysts have stated their opinion on the company shares. Major Brokerage house, HSBC downgrades its ratings on Grupo Televisa S.A. (NYSE:TV). In the latest research report, HSBC raises the target price from $24 per share to $25 per share. According to the latest information available, the shares are now rated Reduce by the analysts at the agency. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on May 12, 2016. Company shares have received an average consensus rating of Hold for the current week

Grupo Televisa S.A. (NYSE:TV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.16 points or 0.64% at $24.93 with 1,343,931 shares getting traded. Post opening the session at $24.7, the shares hit an intraday low of $24.7 and an intraday high of $25.22 and the price was in this range throughout the day. The company has a market cap of $14,413 million and the number of outstanding shares have been calculated to be 578,146,840 shares. The 52-week high of Grupo Televisa S.A. (NYSE:TV) is $40.05 and the 52-week low is $23.25.

Grupo Televisa, S.A.B. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks around the world. It is also a Spanish-language magazine publisher. Its pay-television channels include three music, six movie, seven variety and entertainment channels and two sports channels. Its programs include telenovelas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its programming also includes broadcasts of special events and sports events in Mexico.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.