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

TVA Group (TSE:TVA.B) had its price target cut by equities researchers at CIBC from C$3.00 to C$2.50 in a note issued to investors on Monday. The firm presently has an “underperform” rating on the stock. CIBC’s target price would indicate a potential upside of 13.64% from the stock’s previous close.

Several other brokerages also recently weighed in on TVA.B. National Bank Financial lowered their target price on shares of TVA Group from C$4.00 to C$3.00 and set a “sector perform” rating on the stock in a report on Friday, August 3rd. TD Securities lowered 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.

Shares of TVA Group stock opened at C$2.20 on Monday. TVA Group has a 1 year low of C$2.16 and a 1 year 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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