Grupo Televisa (TV) Upgraded to “Buy” at HSBC

Grupo Televisa (NYSE:TV) was upgraded by HSBC from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.

Several other research analysts have also issued reports on TV. ValuEngine lowered shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Morgan Stanley lowered shares of Grupo Televisa from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $29.00 to $28.00 in a research report on Thursday, August 10th. Zacks Investment Research lowered shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. Finally, UBS upgraded shares of Grupo Televisa from a “market perform” rating to an “outperform” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. Grupo Televisa presently has an average rating of “Hold” and an average target price of $27.00.

Grupo Televisa (NYSE TV) opened at $18.30 on Monday. Grupo Televisa has a 12 month low of $17.24 and a 12 month high of $27.37. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 1.13. The company has a market cap of $10,495.23, a P/E ratio of 46.92, a P/E/G ratio of 1.15 and a beta of 1.21.

Institutional investors have recently bought and sold shares of the business. Independent Portfolio Consultants Inc. acquired a new position in Grupo Televisa in the 1st quarter worth approximately $139,000. Quantbot Technologies LP acquired a new position in Grupo Televisa in the 1st quarter worth approximately $158,000. PNC Financial Services Group Inc. boosted its stake in Grupo Televisa by 140.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,236 shares of the company’s stock worth $161,000 after purchasing an additional 3,639 shares during the period. Wetherby Asset Management Inc. acquired a new position in Grupo Televisa in the 1st quarter worth approximately $215,000. Finally, D.A. Davidson & CO. boosted its stake in Grupo Televisa by 14.8% in the 2nd quarter. D.A. Davidson & CO. now owns 9,900 shares of the company’s stock worth $241,000 after purchasing an additional 1,277 shares during the period. Hedge funds and other institutional investors own 57.87% of the company’s stock.

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About Grupo Televisa

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

The Fly

Analyst Recommendations for Grupo Televisa (NYSE:TV)

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