The price of TV is predicted to go up -2.62%, based on the high correlation periods with HVT. The similarity of these two price pattern on the periods is 96.33%.
TV
HVT
Televisa's cable business should continue to grow despite competitive pressure and remains well positioned to capitalize as broadband penetration in Mexico increases.
The broadband competitive situation has improved recently, with Total Play sharply slowing its network expansion. Weak returns on capital should push firms to increase pricing in the coming years.
The TelevisaUnivision venture is the largest Spanish-language media firm in the world. A sharp focus on this growing niche should allow the firm to differentiate its offering from global firms like Netflix.
Benchmark
2024-10-24
Price Target
$11 → $12
Upside
+408.47%