SINA (SINA) Overweight Rating Reiterated by Analysts at JP Morgan; With $179 Target; 4 Bullish Analysts Covering Grupo Televisa, S.A.B. (TV)

February 15, 2018 - By Richard Conner

Among 10 analysts covering Grupo Televisa SAB (NYSE:TV), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Grupo Televisa SAB had 23 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, May 1 by Credit Suisse. The stock of Grupo Televisa, S.A.B. (NYSE:TV) earned “Neutral” rating by Credit Suisse on Friday, February 19. The company was upgraded on Thursday, May 25 by HSBC. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, September 27 report. Morgan Stanley downgraded Grupo Televisa, S.A.B. (NYSE:TV) on Thursday, August 10 to “Equal-Weight” rating. As per Tuesday, January 24, the company rating was upgraded by Bank of America. The stock has “Neutral” rating by Bank of America on Friday, January 8. HSBC downgraded Grupo Televisa, S.A.B. (NYSE:TV) on Tuesday, February 28 to “Reduce” rating. On Thursday, September 22 the stock rating was upgraded by HSBC to “Hold”. The stock of Grupo Televisa, S.A.B. (NYSE:TV) earned “Hold” rating by Citigroup on Monday, December 4. See Grupo Televisa, S.A.B. (NYSE:TV) latest ratings:

15/12/2017 Broker: J.P. Morgan Rating: Buy New Target: $23.0 Upgrade
15/12/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
04/12/2017 Broker: HSBC Rating: Buy Upgrade
04/12/2017 Broker: Citigroup Rating: Hold Upgrade

Among 10 analysts covering Sina Corporation (NASDAQ:SINA), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Sina Corporation has $175.0 highest and $39 lowest target. $101.50’s average target is -14.87% below currents $119.23 stock price. Sina Corporation had 19 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of SINA Corporation (NASDAQ:SINA) earned “Neutral” rating by Citigroup on Thursday, October 29. The rating was downgraded by Goldman Sachs on Monday, November 30 to “Neutral”. Jefferies maintained SINA Corporation (NASDAQ:SINA) rating on Tuesday, October 17. Jefferies has “Buy” rating and $137.0 target. On Tuesday, January 23 the stock rating was maintained by Jefferies with “Buy”. The stock of SINA Corporation (NASDAQ:SINA) has “Buy” rating given on Monday, August 17 by TH Capital. Jefferies maintained SINA Corporation (NASDAQ:SINA) rating on Thursday, July 13. Jefferies has “Buy” rating and $12200 target. The stock of SINA Corporation (NASDAQ:SINA) has “Buy” rating given on Wednesday, September 14 by Brean Capital. The rating was initiated by Citigroup on Friday, August 5 with “Buy”. The stock has “Overweight” rating by JP Morgan on Wednesday, August 31. The firm earned “Buy” rating on Thursday, November 19 by Brean Capital.

SINA Corporation, through its subsidiaries, operates as an online media firm in the People's Republic of China. The company has market cap of $8.53 billion. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest channels. It has a 68.25 P/E ratio. The firm also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format.

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on February, 28. They expect $0.38 earnings per share, up 40.74% or $0.11 from last year’s $0.27 per share. SINA’s profit will be $27.18 million for 78.44 P/E if the $0.38 EPS becomes a reality. After $0.66 actual earnings per share reported by SINA Corporation for the previous quarter, Wall Street now forecasts -42.42% negative EPS growth.

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.41, from 1.65 in 2017Q2. It is negative, as 21 investors sold SINA Corporation shares while 68 reduced holdings. 46 funds opened positions while 64 raised stakes. 45.93 million shares or 0.75% more from 45.59 million shares in 2017Q2 were reported. Bluemountain Management Limited Liability Com holds 130 shares. Grp Incorporated One Trading L P stated it has 4,942 shares or 0.01% of all its holdings. Gideon Capital Advsr holds 0.23% in SINA Corporation (NASDAQ:SINA) or 2,068 shares. Koch Industries has invested 0.17% in SINA Corporation (NASDAQ:SINA). Huntington Financial Bank stated it has 45 shares. Ci Investments accumulated 119,200 shares. Dekabank Deutsche Girozentrale has 3,160 shares for 0.01% of their portfolio. Hbk Invests Limited Partnership holds 0.55% or 606,748 shares. Advsr Asset Management reported 3,901 shares. Jpmorgan Chase stated it has 171,113 shares. National Bank & Trust Of America De, North Carolina-based fund reported 193,301 shares. Barclays Public Limited Company has 26,495 shares for 0% of their portfolio. Bessemer Group Inc reported 0% stake. Royal Bank & Trust Of Canada owns 5,512 shares. Carroll Finance Associate Inc invested in 46 shares.

The stock increased 1.43% or $1.68 during the last trading session, reaching $119.23. About 534,962 shares traded. SINA Corporation (NASDAQ:SINA) has risen 139.34% since February 15, 2017 and is uptrending. It has outperformed by 122.64% the S&P500.

The stock increased 2.58% or $0.49 during the last trading session, reaching $19.49. About 380,394 shares traded. Grupo Televisa, S.A.B. (NYSE:TV) has declined 5.54% since February 15, 2017 and is downtrending. It has underperformed by 22.24% the S&P500.

Grupo Televisa, S.A.B. operates as a media firm in the Spanish-speaking world. The company has market cap of $11.95 billion. The firm operates through four divisions: Content, Sky, Cable, and Other Businesses. It has a 48.72 P/E ratio. The Content segment is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: