TVA Group Inc (TVA.B) Upgraded to Neutral at CIBC

TVA Group Inc (TSE:TVA.B) was upgraded by stock analysts at CIBC from an “underperform” rating to a “neutral” rating in a report issued on Monday. The firm presently has a C$5.00 price target on the stock, up from their previous price target of C$4.00. CIBC’s price objective points to a potential upside of 15.21% from the company’s previous close.

Separately, TD Securities upped their target price on TVA Group from C$4.75 to C$5.50 and gave the company a “buy” rating in a report on Tuesday, August 8th.

TVA Group (TSE:TVA.B) traded up C$0.29 during mid-day trading on Monday, hitting C$4.34. The stock had a trading volume of 20,734 shares, compared to its average volume of 3,990. TVA Group has a 52 week low of C$2.16 and a 52 week high of C$4.35.

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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.

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