Grupo Televisa SAB Sets New 1-Year High at $36.18 (TV)
Grupo Televisa SAB (NYSE:TV) reached a new 52-week high during mid-day trading on Wednesday , AnalystRatings.NET reports. The stock traded as high as $36.18 and last traded at $35.65, with a volume of 1,312,317 shares trading hands. The stock had previously closed at $35.15.
TV has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Grupo Televisa SAB from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 22nd. They now have a $42.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Grupo Televisa SAB in a research note on Tuesday, July 8th. They now have a $38.00 price target on the stock. Finally, 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Grupo Televisa SAB currently has a consensus rating of “Buy” and an average target price of $39.00.
The stock’s 50-day moving average is $34.72 and its 200-day moving average is $32.41. The company has a market cap of $20.621 billion and a P/E ratio of 35.76.
Grupo Televisa SAB (NYSE:TV) last announced its earnings results on Wednesday, July 9th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.06. On average, analysts predict that Grupo Televisa SAB will post $1.20 earnings per share 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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