TVA Group (TSE:TVA.B) Price Target Raised to C$8.00 at Cormark

TVA Group (TSE:TVA.B) had its price target boosted by Cormark from C$6.00 to C$8.00 in a report issued on Tuesday, BayStreet.CA reports. Cormark’s price target indicates a potential upside of 263.64% from the stock’s previous close.

Separately, National Bank Financial reiterated a “sector perform” rating and issued a C$2.50 price objective (up from C$2.00) on shares of TVA Group in a report on Friday.

TVA.B remained flat at $C$2.20 during trading hours on Tuesday. The company had a trading volume of 11,050 shares, compared to its average volume of 12,276. TVA Group has a 12-month low of C$1.30 and a 12-month high of C$2.50. The stock has a market cap of C$95.05 million and a PE ratio of 2.93. The business has a fifty day moving average of C$2.17 and a 200-day moving average of C$1.83. The company has a current ratio of 1.23, a quick ratio of 0.71 and a debt-to-equity ratio of 13.10.

TVA Group Company Profile

TVA Group Inc operates a communications company in Canada. It operates through three segments: Broadcasting & Production; Magazines; and Film Production & Audiovisual Services. The Broadcasting & Production segment creates, produces, and broadcasts entertainment, information, and public affairs programming; operates a French-language television network, as well as provides nine specialty services; markets digital products associated with various televisual brands; and distributes audiovisual products and films.

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