Grupo Televisa SAB (NYSE:TV) Receives $16.00 Average PT from Brokerages

Shares of Grupo Televisa SAB (NYSE:TV) have received an average rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $16.00.

TV has been the subject of several recent analyst reports. Zacks Investment Research upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Barclays downgraded shares of Grupo Televisa SAB from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $11.00 to $9.00 in a report on Monday, November 11th.

Several hedge funds have recently made changes to their positions in the company. Fox Run Management L.L.C. bought a new stake in shares of Grupo Televisa SAB in the 2nd quarter valued at $114,000. Atlas Capital Advisors LLC bought a new stake in shares of Grupo Televisa SAB during the second quarter worth approximately $89,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Grupo Televisa SAB by 44.1% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 51,323 shares of the company’s stock worth $433,000 after purchasing an additional 15,700 shares during the period. First Trust Advisors LP bought a new position in shares of Grupo Televisa SAB during the second quarter worth approximately $85,000. Finally, BNP Paribas Arbitrage SA lifted its holdings in Grupo Televisa SAB by 49.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,387 shares of the company’s stock worth $197,000 after purchasing an additional 7,724 shares during the last quarter. 48.02% of the stock is owned by institutional investors.

NYSE TV traded up $0.16 during midday trading on Friday, hitting $10.77. The company had a trading volume of 712,296 shares, compared to its average volume of 1,051,078. The firm has a fifty day simple moving average of $11.20 and a two-hundred day simple moving average of $9.67. Grupo Televisa SAB has a fifty-two week low of $7.42 and a fifty-two week high of $13.87. The company has a quick ratio of 1.40, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 2.05 and a beta of 0.94.

About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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