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How Does TV Stock Score on Wall Street?

Monday, December 09, 2019 02:28 PM | InvestorsObserver Analysts

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How Does TV Stock Score on Wall Street?

Wall Street is positive on Grupo Televisa SAB ADR (TV). On average, analysts give the stock a Buy rating. The average price target is $16.1, which means analysts expect the stock to increase by 50.47% over the next twelve months.

That rating is better than 38% of stocks based on data compiled by InvestorsObserver.

Click Here to get the full report on Grupo Televisa SAB ADR (TV) Stock.

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.

InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Grupo Televisa SAB ADR Stock Today?

Grupo Televisa SAB ADR (TV) stock is higher by 0.56% while the S&P 500 is down -0.25% as of 2:25 PM on Monday, Dec 9. TV is up $0.06 from the previous closing price of $10.64 on volume of 1,070,103 shares. Over the past year the S&P 500 has gained 18.96% while TV is down -18.75%. TV earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 52.46.

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