Grupo Televisa SAB (TV) Receives Average Recommendation of “Hold” from Analysts

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.

Grupo Televisa SAB (NYSE:TV) traded up $0.23 during mid-day trading on Friday, hitting $18.48. 4,239,158 shares of the stock traded hands, compared to its average volume of 2,772,332. The stock has a market cap of $11,028.60, a P/E ratio of 46.90, a P/E/G ratio of 1.23 and a beta of 1.27. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.47 and a quick ratio of 1.44. Grupo Televisa SAB has a fifty-two week low of $17.24 and a fifty-two week high of $27.37.

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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.

Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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