Mediaset España Comunicación, S.A. (OTCMKTS:GETVF) Short Interest Update

Mediaset España Comunicación, S.A. (OTCMKTS:GETVFGet Rating) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 311,400 shares, a decrease of 50.6% from the March 15th total of 630,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3,114.0 days.

Several brokerages recently weighed in on GETVF. Deutsche Bank Aktiengesellschaft increased their target price on Mediaset España Comunicación from €5.50 ($5.98) to €5.60 ($6.09) in a research note on Thursday, March 24th. JPMorgan Chase & Co. reduced their price objective on Mediaset España Comunicación from €8.90 ($9.67) to €7.50 ($8.15) and set an “overweight” rating for the company in a research report on Friday, March 18th. UBS Group raised their price objective on Mediaset España Comunicación from €7.00 ($7.61) to €7.65 ($8.32) and gave the stock a “buy” rating in a research report on Thursday, February 24th. Berenberg Bank increased their target price on Mediaset España Comunicación from €6.10 ($6.63) to €6.50 ($7.07) and gave the stock a “buy” rating in a report on Friday, February 25th. Finally, Citigroup raised Mediaset España Comunicación from a “neutral” rating to a “buy” rating and increased their target price for the stock from $5.15 to $6.00 in a report on Tuesday, March 1st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Mediaset España Comunicación currently has a consensus rating of “Buy” and a consensus target price of $5.99.

Shares of OTCMKTS GETVF remained flat at $$5.37 during midday trading on Friday. The business has a 50-day simple moving average of $4.86 and a 200-day simple moving average of $4.83. Mediaset España Comunicación has a twelve month low of $4.00 and a twelve month high of $6.00.

About Mediaset España Comunicación (Get Rating)

Mediaset España Comunicación, SA, together with its subsidiaries, engages in the television broadcasting business in Spain. The company operates seven television channels comprising Telecinco, Factoría de Ficción, Boing, Cuatro, Divinity, Energy, and BeMad. It is also involved in the audiovisual production; news agency services; and advertising promotion activities.

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