Grupo Televisa S.A. (TV) Downgraded by Goldman Sachs (GS) to "Sell"
Wednesday, July 13, 2021 1:31 PM

Equities research analysts at Goldman Sachs (NYSE: GS) downgraded shares of Grupo Televisa S.A. (NYSE: TV) from a "neutral" rating to a "sell" rating in a research note to investors on Wednesday.

Separately, analysts at Stifel Nicolaus reiterated a "buy" rating on shares of Grupo Televisa S.A. in a research note to investors on Thursday, July 7th. Also, analysts at Piper Jaffray (NYSE: PJC) reiterated an "overweight" rating on shares of Grupo Televisa S.A. in a research note to investors on Thursday, July 7th.

Shares of Grupo Televisa S.A. traded down 0.57% during mid-day trading on Thursday, hitting $22.411. Grupo Televisa S.A. has a 52 week low of $17.97 and a 52 week high of $26.67. The stock's 50-day moving average is $23.36 and its 200-day moving average is $23.87. The company has a market cap of $12.468 billion and a price-to-earnings ratio of 19.45.

Grupo Televisa, S.A.B. is a media company. The Company operates broadcast channels in Mexico and complement its network coverage through affiliated stations. As of December 31, 2009, the Company’s broadcast television channels had an average sign-on to sign-off audience share of 70.8%. The Company produces pay television channels with national and international feeds, which reach subscribers throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks worldwide. As of December 31, 2009, the Company had exported 65,449 hours of programming to approximately 57 countries. The Company owns 58.7% of Sky, a DTH satellite television provider in Mexico, Central America and the Dominican Republic. It is also a shareholder in three Mexican cable companies, Cablevision, Cablemas and TVI.

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