TVA Group (TSE:TVA.B) Stock Price Expected to Rise, National Bank Financial Analyst Says

TVA Group (TSE:TVA.B) had its target price lifted by research analysts at National Bank Financial from C$0.75 to C$1.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 20.48% from the company’s current price.

TVA Group Trading Up 6.4%

Shares of TVA.B stock traded up C$0.05 during trading hours on Monday, reaching C$0.83. 48,556 shares of the stock traded hands, compared to its average volume of 28,654. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36. The firm has a market capitalization of C$35.86 million, a PE ratio of -1.93, a PEG ratio of 1.90 and a beta of -0.15. TVA Group has a 1-year low of C$0.45 and a 1-year high of C$1.10. The business has a fifty day moving average price of C$0.58 and a 200 day moving average price of C$0.60.

TVA Group (TSE:TVA.B) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.74 earnings per share for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%. The firm had revenue of C$185.54 million for the quarter. On average, equities research analysts forecast that TVA Group will post 0.05 EPS for the current year.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.