Grupo Televisa, S.A.B. (NYSE:TV) Price Target Lowered to $2.20 at The Goldman Sachs Group

Grupo Televisa, S.A.B. (NYSE:TVGet Free Report) had its price objective decreased by stock analysts at The Goldman Sachs Group from $2.50 to $2.20 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 18.60% from the stock’s current price.

TV has been the topic of several other research reports. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Benchmark reduced their price objective on Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. cut Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 14th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Grupo Televisa, S.A.B. currently has a consensus rating of “Hold” and a consensus target price of $5.57.

Read Our Latest Stock Report on TV

Grupo Televisa, S.A.B. Trading Up 2.5 %

Shares of TV stock opened at $1.86 on Tuesday. The firm has a market capitalization of $1.03 billion, a P/E ratio of -2.61 and a beta of 1.82. Grupo Televisa, S.A.B. has a 1 year low of $1.66 and a 1 year high of $3.65. The firm’s fifty day simple moving average is $1.85 and its 200 day simple moving average is $2.09. The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03.

Institutional Trading of Grupo Televisa, S.A.B.

A number of large investors have recently bought and sold shares of TV. GFS Advisors LLC acquired a new stake in shares of Grupo Televisa, S.A.B. in the fourth quarter valued at $3,600,000. Robeco Institutional Asset Management B.V. increased its position in Grupo Televisa, S.A.B. by 245.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company’s stock valued at $3,320,000 after acquiring an additional 1,404,933 shares in the last quarter. BNP Paribas Financial Markets increased its position in Grupo Televisa, S.A.B. by 1,005,403.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock valued at $695,000 after acquiring an additional 271,459 shares in the last quarter. Banco Santander S.A. raised its stake in shares of Grupo Televisa, S.A.B. by 13.0% in the third quarter. Banco Santander S.A. now owns 182,999 shares of the company’s stock worth $468,000 after acquiring an additional 20,999 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in shares of Grupo Televisa, S.A.B. during the third quarter worth approximately $284,000. 55.77% of the stock is currently owned by institutional investors.

Grupo Televisa, S.A.B. Company Profile

(Get Free Report)

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.

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