Grupo Televisa S.A. (NYSE:TV) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. HSBC downgrades their rating on the shares of Grupo Televisa S.A. (NYSE:TV). The current rating of the shares is Reduce. Earlier, the shares were rated a Hold by the brokerage firm. Equity Analysts at the Firm raises the price target to $25 per share from $24 per share. The rating by the firm was issued on May 12, 2016.
Grupo Televisa S.A. (NYSE:TV): According to 6 Analysts, The short term target price has been estimated at $ 27.58.The target price could deviate by a maximum of $3.83 from the forecast price. In the near term, the target price could hit a high of $33 and a low of $ 22.
Grupo Televisa S.A. (NYSE:TV) witnessed a decline in the market cap on Tuesday as its shares dropped 0.39% or 0.1 points. After the session commenced at $26, the stock reached the higher end at $26.05 while it hit a low of $25.73. With the volume soaring to 1,373,697 shares, the last trade was called at $25.8. The company has a 52-week high of $40.05. The company has a market cap of $14,916 million and there are 578,146,840 shares in outstanding. The 52-week low of the share price is $23.25.
Shares of Grupo Televisa, S.A.B. appreciated by 5.78% during the last five trading days but lost 2.37% on a 4-week basis. Grupo Televisa, S.A.B. has dropped 6.26% during the last 3-month period . Year-to-Date the stock performance stands at -4.85%.
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.