Grupo Televisa SAB Sets New 1-Year High at $36.31 (TV)
Shares of Grupo Televisa SAB (NYSE:TV) reached a new 52-week high on Tuesday , AnalystRatings.Net reports. The stock traded as high as $36.31 and last traded at $35.96, with a volume of 535,457 shares trading hands. The stock had previously closed at $35.71.
A number of research firms have recently commented on TV. 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $39.00.
The stock has a 50-day moving average of $35.0 and a 200-day moving average of $32.67. The company has a market cap of $20.852 billion and a price-to-earnings ratio of 37.24.
Grupo Televisa SAB (NYSE:TV) last announced its earnings results on Wednesday, July 9th. The company reported $0.30 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.36 by $0.06. Analysts expect that Grupo Televisa SAB will post $1.20 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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