TVA Group (TVA.B) Price Target Lowered to C$2.50 at CIBC

TVA Group (TSE:TVA.B) had its target price cut by CIBC from C$3.00 to C$2.50 in a report released on Monday. They currently have an underperform rating on the stock.

A number of other research analysts also recently commented on TVA.B. National Bank Financial lowered their price objective on shares of TVA Group from C$4.00 to C$3.00 and set a sector perform rating on the stock in a research report on Friday, August 3rd. TD Securities lowered their price objective on shares of TVA Group from C$6.00 to C$5.00 and set a buy rating on the stock in a research report on Wednesday, August 8th.

TVA.B traded down C$0.07 on Monday, reaching C$2.18. 11,840 shares of the company traded hands, compared to its average volume of 2,774. TVA Group has a 52-week low of C$2.16 and a 52-week high of C$4.93.

About TVA Group

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.

Read More: 52-Week High/Low

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