Grupo Televisa SAB (ADR) (TV) was Downgraded by HSBC Securities to ” Reduce”. Earlier the firm had a rating of “Hold ” on the company shares. HSBC Securities advised their investors in a research report released on May 12, 2016.
Many Wall Street Analysts have commented on Grupo Televisa SAB (ADR). Grupo Televisa SAB (ADR) was Downgraded by Citigroup to ” Sell” on May 9, 2016. Grupo Televisa SAB (ADR) was Downgraded by JP Morgan to ” Neutral” on Mar 30, 2016. Grupo Televisa SAB (ADR) was Resumed by Credit Suisse to “Neutral” on Feb 19, 2016.
Grupo Televisa SAB (ADR) opened for trading at $26.72 and hit $27 on the upside on Tuesday, eventually ending the session at $26.98, with a gain of 1.43% or 0.38 points. The heightened volatility saw the trading volume jump to 20,90,262 shares. Company has a market cap of $15,598 M.
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 children’s 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.