Grupo Televisa S.A. (TV) : The consensus on Grupo Televisa S.A. (TV) based on 6 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Grupo Televisa S.A. (TV) stock is expected to deviate a maximum of $4.02 from the average target price of $28.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $32 and the most muted being $22.
Also, New Street Research upgrades its rating on Grupo Televisa S.A. (NYSE:TV). Analysts at the New Street Research have a current rating of Buy on the shares. The rating by the firm was issued on September 7, 2016.
Grupo Televisa S.A. (NYSE:TV): The stock opened in the green at $24.86 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $24.99 and a low of $24.46 for the day. The stock did not find buyers even at the lows and closed at $24.57 recording a loss of -0.81%. 5,527,420 shares exchanged hands during the trading day. The stock had closed at $24.77 in the previous days trading.
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.