HSBC recorded Grupo Televisa SAB (ADR) (NYSE:TV), stepping up its target to $25.00 today
- Updated: September 21, 2016
Having a price of $24.77, Grupo Televisa SAB (ADR) (NYSE:TV) traded 1.60% higher on the day. With the last close down -6.75% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TV has recorded a 50-day average of $26.53 and a two hundred day average of $26.56. Trade Volume was down over the average, with 2,053,916 shares of TV changing hands under the typical 2,656,290
In a report issued 9/22/2016 HSBC increased the stock price target of Grupo Televisa SAB (ADR) (NYSE:TV) from $24.77 to $25.00 indicating a potential upside of 0.01%.
Recent Performance Chart
Grupo Televisa SAB (ADR) has 52 week low of $23.25 and a 52 week high of $30.36 with a P/E ratio of 144.85 and has a market cap of $0.
In addition to HSBC reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $28.94 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Grupo Televisa SAB (ADR) (NYSE:TV)
Grupo Televisa, S.A.B. 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. It exports its programs and formats to television networks around the world. It is also a Spanish-language magazine publisher. Its pay-television channels include three music, six movie, seven variety and entertainment channels and two sports channels. Its programs include telenovelas, newscasts, situation comedies, game shows, reality shows, children's programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its programming also includes broadcasts of special events and sports events in Mexico.
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