Grupo Radio Centro SAB de CV (NYSE:RC)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a research report issued on Tuesday, reports. They presently have a $5.50 target price on the stock. Canaccord Genuity’s price target suggests a potential upside of 55.37% from the stock’s previous close.

Grupo Radio Centro SAB de CV Company Profile

Grupo Radio Centro SAB de CV is a Mexico-based holding company engaged, through its subsidiaries, in the production and radio broadcasting of musical programs, news and special events. The Company’s main revenues are principally comprised by the sale of commercial air time to advertising agencies and business.

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