Blurbs

Analysts Offer Insights on Technology Companies: Grupo Televisa, S.A.B. (TV) and Spotify Technology SA (SPOT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Grupo Televisa, S.A.B. (TVResearch Report) and Spotify Technology SA (SPOTResearch Report).

Grupo Televisa, S.A.B. (TV)

In a report issued on July 27, David Joyce from Barclays maintained a Hold rating on Grupo Televisa, S.A.B., with a price target of $11.00. The company’s shares closed last Thursday at $7.85, close to its 52-week low of $7.38.

According to TipRanks.com, Joyce is a 2-star analyst with an average return of 0.0% and a 50.8% success rate. Joyce covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Endeavor Group Holdings Inc, and The Liberty Braves Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Grupo Televisa, S.A.B. with a $12.13 average price target.

See the top stocks recommended by analysts >>

Spotify Technology SA (SPOT)

Barclays analyst Mario Lu maintained a Buy rating on Spotify Technology SA on July 27 and set a price target of $164.00. The company’s shares closed last Thursday at $114.59, close to its 52-week low of $89.03.

According to TipRanks.com, Lu is ranked 0 out of 5 stars with an average return of -15.3% and a 33.8% success rate. Lu covers the Technology sector, focusing on stocks such as Corsair Gaming, Unity Software, and Match Group.

Currently, the analyst consensus on Spotify Technology SA is a Moderate Buy with an average price target of $139.78, implying a 21.0% upside from current levels. In a report issued on July 18, Monness also maintained a Buy rating on the stock with a $150.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on TV:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
Videos

Latest News Feed