Shares of Grupo Televisa SAB (NYSE:TV) have been assigned an average recommendation of “Hold” from the ten research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $26.00.
Several research firms have recently commented on TV. UBS Group raised shares of Grupo Televisa SAB from a “market perform” rating to an “outperform” rating in a report on Thursday, November 30th. Citigroup raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Monday, December 4th. JPMorgan Chase & Co. raised shares of Grupo Televisa SAB from a “neutral” rating to an “overweight” rating and set a $23.00 price objective on the stock in a report on Friday, December 15th. HSBC raised shares of Grupo Televisa SAB from a “hold” rating to a “buy” rating in a report on Monday, December 4th. Finally, Zacks Investment Research downgraded shares of Grupo Televisa SAB from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James & Associates acquired a new position in shares of Grupo Televisa SAB in the 4th quarter valued at $206,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Grupo Televisa SAB in the 3rd quarter valued at $315,000. FDx Advisors Inc. lifted its stake in shares of Grupo Televisa SAB by 30.3% in the 3rd quarter. FDx Advisors Inc. now owns 15,687 shares of the company’s stock valued at $387,000 after purchasing an additional 3,652 shares during the period. Quantitative Systematic Strategies LLC acquired a new position in shares of Grupo Televisa SAB in the 4th quarter valued at $308,000. Finally, SG Americas Securities LLC acquired a new position in shares of Grupo Televisa SAB in the 4th quarter valued at $364,000. Hedge funds and other institutional investors own 50.02% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright law. The legal version of this story can be accessed at https://stocknewstimes.com/2018/02/22/grupo-televisa-sab-tv-receives-average-recommendation-of-hold-from-analysts.html.
About Grupo Televisa SAB
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.
Receive News & Ratings for Grupo Televisa SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa SAB and related companies with MarketBeat.com's FREE daily email newsletter.