TVA Group (TVA.B) Price Target Cut to C$2.50 by Analysts at National Bank Financial

TVA Group (TSE:TVA.B) had its target price reduced by equities researchers at National Bank Financial from C$3.00 to C$2.50 in a note issued to investors on Monday. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 13.64% from the stock’s current price.

Several other analysts have also recently issued reports on the stock. CIBC cut their price target on shares of TVA Group from C$3.00 to C$2.50 and set an “underperform” rating on the stock in a report on Monday. TD Securities dropped their target price on shares of TVA Group from C$6.00 to C$5.00 and set a “buy” rating on the stock in a report on Wednesday, August 8th.

TVA.B opened at C$2.20 on Monday. TVA Group has a 12-month low of C$2.16 and a 12-month high of C$4.93.

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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