Grupo Televisa SAB Hits New 52-Week High at $37.83 (TV)
Grupo Televisa SAB (NYSE:TV) hit a new 52-week high during mid-day trading on Tuesday , Stock Ratings News reports. The stock traded as high as $37.83 and last traded at $37.53, with a volume of 640,780 shares changing hands. The stock had previously closed at $37.13.
A number of analysts have recently weighed in on TV shares. Analysts at Maxim Group raised their price target on shares of Grupo Televisa SAB from $40.00 to $45.00 in a research note on Tuesday, August 19th. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Grupo Televisa SAB has a consensus rating of “Buy” and a consensus price target of $40.00.
The stock has a 50-day moving average of $35.56 and a 200-day moving average of $33.31. The company has a market cap of $21.587 billion and a price-to-earnings ratio of 38.20.
Grupo Televisa SAB (NYSE:TV) last issued its quarterly earnings data on Wednesday, July 9th. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.36 by $0.06. On average, analysts predict that Grupo Televisa SAB will post $1.18 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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