Grupo Televisa (TV) Stock Rating Upgraded by HSBC

Grupo Televisa (NYSE:TV) was upgraded by equities research analysts at HSBC from a “hold” rating to a “buy” rating in a report released on Monday.

A number of other research analysts also recently weighed in on the stock. UBS upgraded shares of Grupo Televisa from a “market perform” rating to an “outperform” rating in a research report on Thursday, November 30th. Zacks Investment Research downgraded shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. ValuEngine upgraded shares of Grupo Televisa from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Morgan Stanley downgraded shares of Grupo Televisa from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $29.00 to $28.00 in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. Grupo Televisa presently has an average rating of “Hold” and a consensus price target of $27.00.

Grupo Televisa (TV) opened at $18.79 on Monday. The stock has a market cap of $11,690.00, a price-to-earnings ratio of 46.92, a P/E/G ratio of 1.15 and a beta of 1.21. Grupo Televisa has a 1 year low of $17.24 and a 1 year high of $27.37. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 1.13.

Hedge funds have recently added to or reduced their stakes in the company. Artisan Partners Limited Partnership increased its stake in shares of Grupo Televisa by 28.3% during the second quarter. Artisan Partners Limited Partnership now owns 1,851,229 shares of the company’s stock worth $45,114,000 after purchasing an additional 408,789 shares in the last quarter. FMR LLC purchased a new stake in shares of Grupo Televisa during the second quarter worth about $21,427,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Grupo Televisa during the third quarter worth about $2,004,000. Marathon Asset Management LLP purchased a new stake in shares of Grupo Televisa during the third quarter worth about $3,575,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Grupo Televisa by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,350,763 shares of the company’s stock worth $57,289,000 after purchasing an additional 38,314 shares in the last quarter. 57.87% of the stock is owned by institutional investors and hedge funds.

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Grupo Televisa Company Profile

Grupo Televisa, SAB. 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.

Analyst Recommendations for Grupo Televisa (NYSE:TV)

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