TVA Group (TVA.B) Trading Up 7.8%
TVA Group Inc (TSE:TVA.B) shares were up 7.8% on Monday . The company traded as high as C$4.00 and last traded at C$4.00. Approximately 1,600 shares changed hands during trading, a decline of 49% from the average daily volume of 3,151 shares. The stock had previously closed at C$3.71.
A number of research analysts recently weighed in on TVA.B shares. TD Securities boosted their target price on TVA Group from C$5.50 to C$6.25 and gave the stock a “buy” rating in a report on Monday, November 6th. National Bank Financial boosted their target price on TVA Group from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a report on Monday, November 6th. Finally, CIBC raised TVA Group from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from C$4.00 to C$5.00 in a report on Monday, November 6th.
The company has a market capitalization of $155.54, a price-to-earnings ratio of -8.89 and a beta of -0.32.
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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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