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Research Reports Initiation on Broadcasting Stocks -- Grupo Televisa, TEGNA, Scripps Networks, and Sinclair BroadcastNEW YORK, March 27, 2017 /PRNewswire/ -- On Friday, March 24, 2017, US markets saw broad based gains with five out of nine sectors finishing the trading sessions in green. Major US indices were mixed at the close of last Friday's session. The NASDAQ Composite ended the day at 5,828.74, up 0.19%; the Dow Jones Industrial Average edged 0.29% lower, to finish at 20,596.72; and the S&P 500 closed at 2,343.98, down 0.08%. This Monday morning, Stock-Callers.com looks at the performance of these four Broadcasting - TV stocks: Grupo Televisa S.A.B. (NYSE: TV), TEGNA Inc. (NYSE: TGNA), Scripps Networks Interactive Inc. (NASDAQ: SNI), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). You can access our complimentary research reports on these stocks now at: http://stock-callers.com/registration Grupo Televisa On Friday, shares in Mexico City, Mexico-based Grupo Televisa S.A.B. ended the session 0.70% higher at $26.00 with a total volume of 1.66 million shares traded. Grupo Televisa's shares have advanced 0.97% in the last one month and 23.28% in the previous three months. Shares of the Company, which operates as a media company in the Spanish-speaking world, are trading at a PE ratio of 77.61. The stock is trading 9.69% above its 50-day moving average and 6.58% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 59.33. On March 08th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Visit us today and download your complete report on TV for free at: http://stock-callers.com/registration/?symbol=TV
On Friday, shares in McLean, Virginia headquartered TEGNA Inc. recorded a trading volume of 1.40 million shares. The stock ended the day 0.43% lower at $25.53. Shares of the Company, which engages in media and digital businesses in the US, are trading at a PE ratio of 12.59. TEGNA's stock has gained 3.76% in the last one month and 15.89% in the previous three months. Furthermore, the stock has gained 11.97% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 6.24% and 15.72%, respectively. Furthermore, TEGNA's shares have an RSI of 55.54. On March 07th, 2017, research firm Barrington Research reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $28 a share to $36 a share. The complimentary research report on TGNA can be accessed at:
Knoxville, Tennessee headquartered Scripps Networks Interactive In.'s stock finished Friday's session 0.38% higher at $78.55 with a total volume of 509,746 shares traded. Over the last three months and the previous one year, Scripps Networks Interactive's shares have gained 8.90% and 22.72%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 1.32% and 14.30%, respectively. Shares of Scripps Networks Interactive, which develops lifestyle-oriented content in the US, the UK and other European markets, Middle East and Africa, Asia/Pacific, and Latin America, are trading at a PE ratio of 15.16. In addition, the stock has an RSI of 50.63. Register for free on Stock-Callers.com and download the PDF research report on SNI at: http://stock-callers.com/registration/?symbol=SNI
Hunt Valley, Maryland headquartered Sinclair Broadcast Group Inc.'s stock edged 0.38% lower, to close the day at $39.55. The stock recorded a trading volume of 1.25 million shares. Sinclair Broadcast's shares have gained 19.84% in the previous three months and 33.25% in the past one year. The Company's shares are trading 7.63% and 26.88% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which operates as a television broadcasting company in the US, are trading at a PE ratio of 15.05. Additionally, the stock has an RSI of 52.18. Get free access to your research report on SBGI at: http://stock-callers.com/registration/?symbol=SBGI Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/ CONTACT CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Chelmsford Park SA 
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