The Grupo Televisa SAB (TV) Receives $28.33 Average PT from Analysts

The Grupo Televisa SAB (TV) Receives $28.33 Average PT from Analysts

Grupo Televisa SAB (NYSE:TV) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the company. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $28.33.

A number of analysts have recently weighed in on the stock. HSBC raised shares of Grupo Televisa SAB from a “reduce” rating to a “hold” rating and upped their price target for the stock from $24.77 to $25.00 in a report on Thursday, September 22nd. Zacks Investment Research raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Monday, June 20th. New Street Research raised shares of Grupo Televisa SAB to a “buy” rating in a report on Wednesday, September 7th. Evercore ISI raised shares of Grupo Televisa SAB from a “hold” rating to a “buy” rating in a report on Thursday, July 7th. Finally, Credit Suisse Group AG raised shares of Grupo Televisa SAB from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $29.00 to $30.00 in a report on Tuesday, September 27th.

Institutional investors have recently modified their holdings of the stock. Capstone Asset Management Co. increased its position in shares of Grupo Televisa SAB by 8.5% in the third quarter. Capstone Asset Management Co. now owns 79,381 shares of the company’s stock valued at $2,039,000 after buying an additional 6,240 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Grupo Televisa SAB by 41.5% in the third quarter. Fisher Asset Management LLC now owns 6,323,185 shares of the company’s stock valued at $162,443,000 after buying an additional 1,853,515 shares during the period. Harding Loevner LP boosted its position in shares of Grupo Televisa SAB by 5.9% in the third quarter. Harding Loevner LP now owns 14,220,812 shares of the company’s stock valued at $365,332,000 after buying an additional 795,978 shares during the period. First Mercantile Trust Co. boosted its position in shares of Grupo Televisa SAB by 9.6% in the third quarter. First Mercantile Trust Co. now owns 29,390 shares of the company’s stock valued at $755,000 after buying an additional 2,580 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Grupo Televisa SAB by 10.7% in the third quarter. BNP Paribas Arbitrage SA now owns 94,049 shares of the company’s stock valued at $2,416,000 after buying an additional 9,104 shares during the period. 54.29% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa SAB (NYSE:TV) opened at 25.33 on Monday. The stock’s 50 day moving average is $25.95 and its 200-day moving average is $26.38. The company has a market capitalization of $62.15 billion, a PE ratio of 149.00 and a beta of 1.39. Grupo Televisa SAB has a 12 month low of $23.25 and a 12 month high of $30.36.

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