Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Grupo Televisa SAB (NYSE: TV) improved in the last week. TV’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Grupo Televisa SAB (NYSE: TV) stock enjoyed a large increase of 2.7% on 5/20/24. The stock closed at $3.40. However, trading volume in this advance was below average at 78% of normal. The stock has been weak relative to the market over the last nine months but has risen 3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TV is expected to continue to be a modest Value Builder.
Grupo Televisa SAB has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Grupo Televisa SAB has a very high Appreciation Score of 97 but a poor Power Rating of 29, producing the Positive Value Trend Rating.
Be the first to comment