Grupo Televisa SAB Sets New 12-Month High at $35.85 (TV)
Grupo Televisa SAB (NYSE:TV) shares hit a new 52-week high during trading on Thursday , AnalystRatings.NET reports. The company traded as high as $35.85 and last traded at $35.68, with a volume of 920,202 shares trading hands. The stock had previously closed at $35.21.
A number of research firms have recently commented on TV. Analysts at Citigroup Inc. downgraded shares of Grupo Televisa SAB from a “buy” rating to a “neutral” rating in a research note on Friday, June 27th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa SAB in a research note on Wednesday, June 25th. They now have a $38.00 price target on the stock, up previously from $35.00. Finally, analysts at Zacks upgraded shares of Grupo Televisa SAB from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 18th. They now have a $36.00 price target on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $37.60.
The stock has a 50-day moving average of $34.06 and a 200-day moving average of $31.73. The company has a market cap of $20.473 billion and a P/E ratio of 37.70.
Grupo Televisa SAB (NYSE:TV) last announced its earnings results on Tuesday, April 29th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.03. Analysts expect that Grupo Televisa SAB will post $1.18 EPS for the current fiscal year.
Grupo Televisa SAB is a Mexico-based company engaged in the television broadcasting for the Spanish-speaking Latin American countries and in the international entertainment business sector.
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