Brokerages Set Grupo Televisa S.A. (NYSE:TV) Price Target at $5.07

Grupo Televisa S.A. (NYSE:TV) has been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $5.0667.

A number of analysts recently weighed in on TV shares. UBS Group reissued a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st.

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently bought and sold shares of the business. Strid Group LLC acquired a new stake in Grupo Televisa during the 3rd quarter worth $27,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of Grupo Televisa in the 3rd quarter worth $28,000. TD Private Client Wealth LLC boosted its position in shares of Grupo Televisa by 68.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after purchasing an additional 4,355 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Grupo Televisa during the fourth quarter worth $32,000. Finally, AXQ Capital LP acquired a new stake in shares of Grupo Televisa during the fourth quarter worth $35,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa Stock Down 0.8%

Shares of NYSE:TV opened at $3.30 on Tuesday. The business has a fifty day moving average of $3.07 and a 200-day moving average of $2.79. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31. Grupo Televisa has a twelve month low of $1.55 and a twelve month high of $3.47.

Grupo Televisa Company Profile

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.