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Where Does Wall Street Think Grupo Televisa SAB ADR (TV) Stock Will Go?

Tuesday, March 19, 2024 11:45 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Grupo Televisa SAB ADR (TV) Stock Will Go?

Analysts who follow Grupo Televisa SAB ADR (TV) on average expect it to increase 87.56% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Grupo Televisa SAB ADR an Analyst Ranking of 45, which means it ranks higher than 45 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.1
Wall Street analysts are rating TV a Strong Buy today. Find out what this means to you and get the rest of the rankings on TV!

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 trading at $2.87 as of 11:45 AM on Tuesday, Mar 19, a gain of $0.01, or 0.17% from the previous closing price of $2.86. The stock has traded between $2.81 and $2.87 so far today. Volume today is light. So far 185,260 shares have traded compared to average volume of 1,758,620 shares. Click Here to get the full Stock Report for Grupo Televisa SAB ADR stock.

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