TVA Group (TVA.B) Trading Down 4.8%
TVA Group Inc (TSE:TVA.B)’s share price dropped 4.8% during trading on Thursday . The stock traded as low as C$3.55 and last traded at C$3.60. Approximately 3,200 shares were traded during trading, an increase of 28% from the average daily volume of 2,509 shares. The stock had previously closed at C$3.78.
TVA.B has been the subject of several research analyst reports. CIBC upgraded shares of TVA Group from an “underperform” rating to a “neutral” rating and upped their target price for the company from C$4.00 to C$5.00 in a research note on Monday, November 6th. National Bank Financial upped their target price on shares of TVA Group from C$4.50 to C$5.00 and gave the company an “outperform” rating in a research note on Monday, November 6th. Finally, TD Securities upped their target price on shares of TVA Group from C$5.50 to C$6.25 and gave the company a “buy” rating in a research note on Monday, November 6th.
The firm has a market capitalization of $155.15, a P/E ratio of -8.87 and a beta of -0.28.
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TVA Group Company Profile
TVA Group Inc (TVA Group) is a Canada-based communications company. The Company operates through three segments: Broadcasting & Production, Magazines, and Film Production & Audiovisual Services. In the Broadcasting & Production segment, it creates, produces and broadcasts entertainment, information and public affairs programming; distributes audiovisual products and films, and is engaged in commercial production.
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